Hello, can you help with this question.

Required information (The foiiowing information applies to the questions displayed below. ] The stockholders' equity section of Velcro World is presenled here. visited wants. Balance Stress (oania l$ and shares in thousands} Stockholders' equity: Preferred stock, $1 par value $ 6,000 Common stock, $1 par value 30,000 Additional paidin capital 1,164,000 Total paidin capital 1,200,000 Retained earnings 288,000 Treasury stock, 11,000 common shares (352,000) Total stockholders' equity $11135:000 Based on the stockholders' equity section of Velcro World, answer the following questions, Remember that all amounts are presented in thousands. 4. if retained earnings at the beginning of the period was $250 million and $30 million was paid in dividends during me year, what was the net income for the year? (Enter your answer in million (i.e.. 5,000,000 should be entered as 5).) million