Nelson Company's comparative balance sheet at January 31, 2022, and 2021, reports the following (in millions): (Click the icon to view the comparative balance sheet.) Read the requirements Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation (Enter an amount in each input area. Input a "0" when there is no amount to be entered. Enter amo Situation #1 Total stockholders' equity, January 31, 2021 Add: Issuance of stock Net income Less: Dividends declared Requirements Net loss Total stockholders' equity, January 31, 2022 The following are three situations related Nelson Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2022. For each situation, use the accounting equation and what you know from the chapter about stockholders' equity, common stock, and retained nings to calculate the amount of Nelson's net income or net loss during the year ended January 31, 2022 1. Nelson issued $1 million of stock and declared no dividends. 2. Nelson issued no stock but declared dividends of $15 million 3. Nelson issued $12 million of stock and declared dividends of $60 million Data Table 2022 2021 Total assets $ 78 S 52 Total liabilities 26 16 Print Done Print Done Enter any number in the edit fields and then click Check