2. 3 eBook Problem Walk-Through Electronics World Inc. paid out $30.3 million in total common dividends and reported $310 million of retained earnings at year-end. The prior year's retained earnings were $217 million. What was the net income? Assume that all dividends declared were actually paid. Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary, $