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Would someone please help with this! Please and Thank you! May 31, 2018 June 30, 2018 Total Assets $ 122,000 $ 287,000 Total Liabilities 66,000

Would someone please help with this! Please and Thank you!

May 31, 2018 June 30, 2018
Total Assets $ 122,000 $ 287,000
Total Liabilities 66,000 144,000

For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018.

  1. The company issued $10,000 of common stock and paid no dividends.

  2. The company issued no common stock. It paid cash dividends of $3,000.

  3. The company issued $12,500 of common stock and paid cash dividends of $30,000.

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