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Oriole Company had the following assets and liabilities on the dates indicated. December 31 Total Assets Total Liabilities 2018 $468,000 $195,000 2019 $548,000 $245,000 2020

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Oriole Company had the following assets and liabilities on the dates indicated. December 31 Total Assets Total Liabilities 2018 $468,000 $195,000 2019 $548,000 $245,000 2020 $678,000 $345,000 Toth 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 Toth paid $20,000 in dividends for the year. Net income (loss) for 2018 $ (b) 2019, assuming stockholders made an additional investment of $44,000 and Toth paid no dividends in 2019. Net income (loss) for 2019 (c) 2020, assuming stockholders made an additional investment of $21,000 and Toth paid dividends of $34,000 in 2020. (c) 2020, assuming stockholders made an additional investment of $21,000 and Toth paid dividends of $34,000 in 2020. Net income (loss) for 2020

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