Larkspur, Inc. had the following assets and liabilities on the dates indicated.

December 31	Total Assets	Total Liabilities
2018	$468,000	$324,000
2019	$548,000	$374,000
2020	$678,000	$474,000

Larkspur, began business on January 1, 2018, with an investment of $92,000 from stockholders. From an analysis of the change in stockholders equity during the year, compute the net income (or loss) for: (a) 2018, assuming Larkspur, paid $15,000 in dividends for the year.

Net income (loss) for 2018

$___________

(b) 2019, assuming stockholders made an additional investment of $45,000 and Larkspur, paid no dividends in 2019.

Net income (loss) for 2019

$____________

(c) 2020, assuming stockholders made an additional investment of $24,000 and Larkspur, paid dividends of $20,000 in 2020.

Net income (loss) for 2020

$_______________