Jan. 1\ Assets\ Liabilities\ Stockholders' Equity\ Dec. 31\

$500,000=$300,000

\ ? 200,000\ ?\ 356,000\ Determine Net Income or Net Loss for the year, assuming each independent scenario.\ (a) The shareholders invested

$200,000

in common stock and

$150,000

in cash dividends were paid to shareholders.\ (b) The shareholders invested

$300,000

in common stock and

$100,000

in cash dividends were paid to shareholders.

Determine Net Income or Net Loss for the year, assuming each independent scenario. (a) The shareholders invested $200,000 in common stock and $150,000 in cash dividends were paid to shareholders. b) The shareholders invested $300,000 in common stock and $100,000 in cash dividends were paid to shareholders. Determine Net Income or Net Loss for the year, assuming each independent scenario. (a) The shareholders invested $200,000 in common stock and $150,000 in cash dividends were paid to shareholders. b) The shareholders invested $300,000 in common stock and $100,000 in cash dividends were paid to shareholders