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PRINTER VERSION BACK NEX Question 17 Oriole Corporation reported the following selected information for the two years ended December 31: 2017 2018 Total assets $570,000 $630,000 Total liabilities 430,000 450,000 Calculate total shareholders' equity at December 31, 2017 and 2018 2017 2018 Total shareholders' equity Calculate the change in total shareholders' equity for the year ended December 31, 2018 Change in shareholders' equity . Oriole's shareholders' equity consists only of common shares and retained earnings. Using the change in total shareholders' equity calculated in above part, calculate the net income or loss for the year ended December 31, 2018, assuming each of the following independent scenarios 1. Oriole issued no common shares during the year and did not declare any dividends. Net Income or loss 2. Oriole issued no common shares during the year and declared and paid dividends of $11,000 Net Income or loss 3. Oriole issued $25,000 of additional common shares during the year and did not declare any dividends. Net Income or loss 355.000 19,0.html media 920 92.png 9 Accumulated png Single-State...webp Total shareholders' equity $ PRINTER VERSION 4 NEXT Calculate the change in total shareholders' equity for the year ended December 31, 2018 Change in shareholders' equity $ Oriole's shareholders' equity consists only of common shares and retained earnings. Using the change in total shareholders' equity calculated in above part, calculate the net income or loss for the year ended December 31, 2018, assuming each of the following independent scenarios 1. Oriole issued no common shares during the year and did not declare any dividends. Net Income or loss 2. Oriole issued no common shares during the year and declared and paid dividends of $11,000 Net Income or loss 3. Oriole issued $25,000 of additional common shares during the year and did not declare any dividends. Net Income or loss 4. Oriole issued $20,000 of additional common shares during the year and declared and paid dividends of $11,000, Net Income or loss $ Question Attemptsio of 1 used

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