Four different corporations, Amber, Blue, Coral, and Daffodil, show the same balance sheet data at the beginning and

end of a year. These data, exclusive of the amount of stockholders' equity, are summarized as follows:

On the basis of the above data and the following additional information for the year, determine the net income $($or loss$)$

of each company for the year.

$($Hint: First, determine the amount of increase or decrease in stockholders' equity during the year.$)$

Amber: No additional common stock was issued, and no dividends were paid.

Blue: No additional common stock was issued, but dividends of $$6,000$ were paid.

Coral: Additional common stock of $$15,600$ was issued, but no dividends were paid.

Daffodil: Additional common stock of $$20,400$ was issued, and dividends of $$6,000$ were paid.

Enter all amounts as positive numbers.