Current Attempt in Progress Presented below are changes in all the account balances of Pronghorn Furniture Co. during the current year, except for retained earnings Increase (Decrease) Cash $ 71,250 Increase (Decrease) $(51,070) 84,350 Accounts Receivable (net) 45,500 Accounts Payable Bonds Payable Common Stock Paid-In Capital in Excess of Par-Common Stock Inventory 128,400 125,700 Investments (47.390) 15,800 Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $ 26,760 which was paid in the current year Net Income