E4.3 (LO 2) (Income Statement Items) Presented below are certain account balances of Wade Products Co. Rent revenue Interest expense $ 6,500 Sales discounts 12,700 Selling expenses 114,400 Sales revenue $ 7,800 99,400 400,000 Sales returns and allowances 134,000 Income tax expense 71,000 Cost of goods sold 12,400 Administrative expenses 82,500 26,600 184,400 Beginning retained earnings Ending retained earnings Dividend revenue Instructions Using the information above, compute the following: (a) total net revenue, (b) net income, and (c) dividends declared during the current year.