Shep Companys records show the following information for the current year.

	Beginning of year	End of year
Total assets	$ 56,400	$ 88,000
Total liabilities	$ 25,200	$ 38,200

Determine net income (loss) for each of the following separate situations. Note: For all requirements, losses should be entered with a minus sign. Additional common stock of $6,200 was issued and dividends of $10,200 were paid during the current year. Additional common stock of $15,800 was issued and no dividends were paid during the current year. No additional common stock was issued and dividends of $15,200 were paid during the current year.