I know the answer to these questions. I need help finding a better/easier way to get the answer. So, essentially a different method. Please help it's for test prep. Below I'll show u the method I used which is very difficult for me. Formula's and etc would be very helpful. thx

1. 60,000 - 40,000= 20,000

2. $18,000 + ($100,000 - $70,000- $15,000) = $33,000

3. $45,000 - $33,000 =$12,000

4. $60,000 - $40,000- $18,000 = $2,000

5. $12,000 - $2,000 = $10,000

($1,200,000 - $460,000 = $740,000)

[($1,200,000 + $180,000) ($740,000 + $84,000) = X = $556,000]

(X= $110,000) (X = $556,000 + $14,000 - $460,000)

1. Mel's Mechanical Repair Shop started the year with total assets of $60,000, total liabilities of $40,000, and retained earnings of $18,000. During the year, the business recorded $100,000 in auto repair revenues, $70,000 in expenses, and the company paid dividends of $15,000. If Mel's Mechanical Repair Shop ends the year with total assets of $80,000, and total liabilities of $35,000, what is the amount of common stock issued during the year? (A)$ 10,000 (B) $ 14,000 (C) $ 5,000 (D) $ 3,000 (E) None of the above 3. At the beginning of the year, Suzanne Company had total assets of $1,200,000 and total stockholders' equity of $460,000. During the year, total assets increased by $180,000, and total liabilities increased by $84,000. The company also paid $14,000 in dividends. How much was the net income for the year? (A) $ 96,000 (B) $130,000 (C) $ 62,000 (D) $110.000