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Shep Company's records show the following information for the current year: Deginning of year End of year Total assets $ 56,000 $ 87.500 Total liabilities

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Shep Company's records show the following information for the current year: Deginning of year End of year Total assets $ 56,000 $ 87.500 Total liabilities $ 25.000 $38.000 Determine net income (loss) for each of the following separate situations. (For all requirements, losses should be entered with a minus sign.) a. Additional common stock of $6,000 was issued, and dividends of $10,000 were paid during the current year. b. Additional common stock of $15.750 was issued, and no dividends were paid during the current year. c. No additional common stock was issued, and dividends of $15,000 were paid during the current year. a. Net income (loss) b. Net income (loss) c. Net income (oss)

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