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Shep Company's records show the following information for the current year. Beginning of year End of year Total assets $ 56,800 $ 88,500 Total liabilities

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Shep Company's records show the following information for the current year. Beginning of year End of year Total assets $ 56,800 $ 88,500 Total liabilities $ 25,400 $ 38,400 Determine net income (loss) for each of the following separate situations. (For all requirements, losses should be entered with a minus sign.) a. Additional owner Investments of $6,400 were contributed, and withdrawals of $10,400 were made during the current year. b. Additional owner Investments of $15,850 were contributed, and no withdrawals were made during the current year. c. No additional owner Investments were contributed, and withdrawals of $15,400 were made during the current year. a. Net income (los) b. Net Income (loss) c. Net Income (loss)

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