The December 31, Year 1, balance sheet for Deen Company showed total stockholders’ equity of $73,000. Total stockholders’ equity increased by $42,500 between December 31, Year 1, and December 31, Year 2. During Year 2, Deen Company acquired $10,700 cash from the issue of common stock. Deen Company paid a $9,500 cash dividend to the stockholders during Year 2.
Required Determine the amount of net income or loss Deen reported on its Year 2 income statement.

$41,300

Explanation:

The computation of the amount of the net income or loss reported is shown below:

Equity increased during the year$42,500

Less: Issue of shares acquired$(10,700)

Add: cash Dividends paid$9,500

Net income for the year$41,300

by adding the dividend and deducting the issued of shares acquired to the equity increased we can get the net income and the same is shown above

i mean, there is a lot of homeless people. but it is a very busy place and always in need for people who can be busy so it's not impossible to find one.

sorry idk it

explanation: