Company's comparative balance sheet E(Click the icon to view the comparative balance sheet.) t January 31, 2019, and 2018, reports the following The following are three situations related Bosley Company's issuance of stock and declaration and payment of dividends during the year ended January 31, 2019. Read the requirements Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation. (Enter sign amount in each input area, Input a "0" when there i no amount to be entered. Enter amounts in millions. Use a minus numbers to be subtracted.) rparentheses when entering net losses o Situation #1 1 Total stockholders' equity, January 31, 2018 Add: Issuance of stock 5 Data Table 0 Net income Less: Dividends declared 2018 2019 Net loss Total stockholders' equity, January 31, 2019 Total assets 74 48 Total liabilities 23 17 Print Done iRequirements For each situation, use the accounting equation and what you know from the chapter about stockholders' equity, common stock, and retained earnings to calculate the amount of Bosley's net income or net loss during the year ended January 31, 2019.
1. Bosley issued $5 million of stock and declared no dividends.
2. Bosley issued no stock but declared dividends of $8 million.
3. Bosley issued $10 million of stock and declared dividends of $50 million