Exam Practice Saved Help Save & Exit Check Stosch Company's balance sheet reported assets of $137,000, liabilities of $34,000 and common stock of $31,000 as of December 31, Year 1. If Retained Earnings on the balance sheet as of December 31. Year 2, amount to $94.000 and Stosch paid a $33.000 dividend during Year 2, then the amount of net income for Year 2 was which of the following? Multiple Choice 555.000 572.000 522000