ogressaalse argo Outlook Mail Google y Yahoo in Linkedin Delta Air Lines Marriott EUGAMall - Office. MyUGA: Welcome C. ThoughtCo.com is. eBook Show Me How Calculator C Net Income and Stockholders' Equity for Four Businesses Four different corporations, Cancer, Libra, Sagittarius, and Virgo, show the same balance sheet dat 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 $72,700 $29,100 End of the year $116,300 $48,800 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 $4,800 were paid. Sagittarius: Additional common stock of $16,300 was issued, but no dividends were paid. Virgo: Additional common stock of $10,100 was issued, and dividends of $5,300 were paid Cancer Net Income X Libra Net Income X Sagittarius Net Income $ Virgo Net Income Feedback Check My Work Consider the impact that investments, dividends and not incomainot loss have on the stockholders' capital account. Learning Objective 5 Previous Next