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Toth Company had the following assets and liabilities on the dates indicated. December 31 Total Assets...

Toth Company had the following assets and liabilities on the dates indicated. December 31 Total Assets Total Liabilities 2016 $469,000 $216,000 2017 $549,000 $266,000 2018 $679,000 $366,000 Toth began business on January 1, 2016, with an investment of $95,000 from stockholders. From an analysis of the change in stockholders’ equity during the year, compute the net income (or loss) for:

(a) 2016, assuming Toth paid $25,000 in dividends for the year.

Net income (loss) for 2016:

(b) 2017, assuming stockholders made an additional investment of $45,000 and Toth paid no dividends in 2017.

Net income (loss) for 2017

(c) 2018, assuming stockholders made an additional investment of $17,000 and Toth paid dividends of $25,000 in 2018.

Net income (loss) for 2018
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