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Net Income and Stockholders' Equity for Four Businesses Four different corporations, Cancer, Libra, Sagittarius, and Virgo, show the same balance sheet data at the beginning

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Net Income and Stockholders' Equity for Four Businesses Four different corporations, Cancer, Libra, Sagittarius, and Virgo, show the same balance sheet data at the beginning and end of a year. These data, exclusive of the amount of stockholders' equity, are summarized as follows: Total Assets Total Liabilities Beginning of the year $79,100 $31,600 End of the year $126,600 $53,200 On the basis of the above data and the following additional information for the year, determine the net income (or loss) of each company for the year. (Hint: First, determine the amount of increase or decrease in stockholders' equity during the year.) Cancer: No additional common stock was issued, and no dividends were paid. Libra: No additional common stock was issued, but dividends of $4,700 were paid. Sagittarius: Additional common stock of $9,400 was issued, but no dividends were paid. Virgo: Additional common stock of $12,700 was issued, and dividends of $7,000 were paid. Enter all amounts as positive numbers. Cancer $ Libra $ Sagittarius $ Virgo $

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