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Shep Company's records show the following information for the current year End of year $. 84,500 $ 36,500 Beginning of year Total assets 5 53,60

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Shep Company's records show the following information for the current year End of year $. 84,500 $ 36,500 Beginning of year Total assets 5 53,60 Total liabilities $ 23,800 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 $4,800 were contributed, and withdrawals of $8,800 were made during the current year b. Additional owner investments of $15,450 were contributed, and no withdrawals were made during the current year. c. No additional owner investments were contributed, and withdrawals of $13,800 were made during the current year Net income foss) Not Income (los) c.Net Income (oss)

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