Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year....

 

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Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began the year with total assets of $285,000 and stockholders' equity of $130,500. What was the net income (loss) reported by Crystal Lodging for the year? B $49,500 $37,500 $94,500 $82,500 Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began the year with total assets of $285,000 and stockholders' equity of $130,500. What was the net income (loss) reported by Crystal Lodging for the year? B $49,500 $37,500 $94,500 $82,500

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