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2013 Total Assets $48 Total Liabilities ($17) Net Income $31 2012 Total Assets $28 Total Liabilities ($5) Net Income $23 Compute the amount of Swit's net income or net loss during the year ended January 2013; 1. Swit iasued $1 million of stock and paid no dividends 2. Swit issued no stock but paid dividends of $4 million 3. Swit issued $33 million of stock and paid dividends of $8 million

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