6 Help Save& Exit Submit Stosch Company's balance sheet reported assets of $97000, liabilities of $26,000 and common stock of $23,000 as of December 31, Year 1.If Retained Earnings on the balance sheet as of December 31, Year 2, amount to $62,000 and Stosch paid a $25,000 dividend during Year 2, then the amount of net income for Year 2 was which of the following? Multiple Choice $48.000 $14,000 $25,000 39 000 of 36B Next