HELLO?

HELLO?

I HAVE A HW QUESTION. Three different companies, A, B and C, have the same balance sheet at the beginning and the end of the year. These are summarized below:

Beginning of the year                       $ 500,000                  $250,000

End of the year                                  1,200,000                  350,000

Given the data above and the additional information for each company below, determine the net income (loss) for each company.

Company A: No additional investments were made by stockholders, and no dividends were paid.  

Company B: Stockholders invested an additional $200,000, and no dividends were paid.  

Company C: Stockholders invested $450,000 and dividends of $50,000 were paid.  

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