Kimmel Corporation reported the following amounts for assets and liabilities at the beginning and end of a recent year. Beginning of Year End of Year Assets $231,500 $348,100 Liabilities 84,550 125,900 Calculate Kimmel's net income or net loss for the year in each of the following independent situations (if it is a net loss, write net loss with the amount or place the amount between parentheses): a. Kimmel declared no dividends and its common shares remain unchanged. b. Kimmel declared no dividends and issued additional common shares for $12,000 cash. c. Kimmel declared dividends totalling $8,000, and its common shares remain unchanged. d. Kimmel declared dividends totalling $11,000 and issued additional common shares for $15,000