Homework: Chapter 1 Homework Save HW Score: 49%, 49 of 100 pts Score: 4 of 5 pts 4 of 10 (5 complete) E1-21 (similar to Question Help Great City Builder's balance sheet data at May 31, 2018, and June 30, 2018, follow: (Click the icon to view the balance sheet data.) Read the reguirement Begin by identitying the accounting equation and the formula to calculate the change in the stockholders equity during a period. (Abbreviations used: Beg equity beginning equity: End. equity ending equity) Assets Liabilities+ Equity Accounting equation Beg. equity Common stock issued Net income or- Net loss-Dividends = End. equity Stockholders' equity equation: For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018. (Use a minus sign or parentheses for a net loss.) a. The company issued $30,000 of common stock and paid no dividends Net income (loss)=$ 73.000 b. The company issued no common stock. It paid cash dividends of $13,000. 116,000 Net income (loss) $ c. The company issued $12,000 of common stock and paid cash dividends of $22,000. Net income (loss) s Data Table May 31, 2018 June 30, 2018 133000 Total Assets 202.000 Total Liabilities 122,000 88,000 Print Done