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mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. The December 31,
mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. The December 31, Year 4, balance sheet for Deen Company showed total stockholders' equity of \\( \\$ 61,500 \\). Total stockholders' equity increased by \\( \\$ 15,560 \\) between December 31, Year 4, and December 31, Year 5. During Year 5, Deen Company acquired \\( \\$ 10,000 \\) cash from the issue of common stock. The Company paid a \\( \\$ 10,000 \\) cash dividend to the stockholders during Year 5. Required Determine the amount of net income or loss Deen reported on its Year 5 income statement. (Hint: Remember that stock issues, net income, and dividends all change total stockholders' equity.)
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