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Four different companies-Chang, Henry, Nagel, and Witcox-show the same bolance sheet data at the beginning and end of a year, This data, exclushe of then

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Four different companies-Chang, Henry, Nagel, and Witcox-show the same bolance sheet data at the beginning and end of a year, This data, exclushe of then amount o stockholders' equity, are summarized as followsi On the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each coingany for the year. Company Chang: No additicnal capital stnck was issued, and no dividends were paid. Company Henry?. No additional capital stcek was issued, but dividends of 54,900 were poid. Company Nagel: Capital stock of $15,700 was issued, but no dividends were paid. Company Wilcoxe Capital stock of $24,500 was issued, and dividends of 55,600 were paid. Select "Net income" or "Het Loss" from the dropdown menus below. Enter all amounts as posidve numbers. Feadback - Crack Hy Work Keep in mind that stockholders' ecuity increases with add tional stock issues and alio when the retained oarnings bavance increases through net income and gains: Stockholders' equity decreases when dividends are declored and paid and also when the retained earnings balance decrisses through net losses

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