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Toth Company had the following assets and liabilities on the dates indicated. 2014 2015 2016 $495,075 $575,075 $705,075 $228,902 $278,902 $378,902 Toth began business on

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Toth Company had the following assets and liabilities on the dates indicated. 2014 2015 2016 $495,075 $575,075 $705,075 $228,902 $278,902 $378,902 Toth began business on January 1, 2014, with an investment of $95,875 from stockholders. From an analysis of the change in stockholders' equity during the year, compute the net income (or loss) for: (a) 2014, assuming Toth paid $17,615 in dividends for the year. Net income (loss) for 2014 (b) 2015, assuming stockholders made an additional investment of $47,942 and Toth paid no dividends in 2015. Net income (loss) for 2015 (c) 2016, assuming stockholders made an additional investment of $24,801 and Toth paid dividends of $27,097 in 2016. Net income (loss) for 2016 187913

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