Timmy Company's comparative balance sheet at January 31, 2019, and 2018, reports the following (in millions): (Click the icon to view the comparative balance sheet) The following are three situations related Timmy Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2013. Read the requirements Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation. (Enter an amount in each input area. Input a "0" when there is no amount to be entered. Enter amounts in mins. Use a minu sign or parentheses when entering net losses or numbers to be subtracted) Total stockholders' equity, January 31, 2018 Add Issuance of stock Net income Less: Dividends declared Net loss Total stockholders' equity, January 31, 2019 Situation #1 Situation #2 Situation #3 Data Table 2019 2018 Total assets 71 $ 50 Total abilities 37 18 Requirements For each situation, use the accounting equation and what you know from the chapter about stockholders' equity, common stock, and retained eamings to calculate the amount of Timmy's net income or net loss during the year ended January 31, 2019 1. Timmy issued $2 million of stock and declared no dividends 2. Timmy issued no stock but declared dividends of $4 million. declared duidends of milion