Question: Hello tutor please provide correct answer financial accounting question with correct solution do fast Retained earnings for Beta Corporation as of January 1, Year 1

Hello tutor please provide correct answer financial accounting question with correct solution do fast

Hello tutor please provide correct answer
Retained earnings for Beta Corporation as of January 1, Year 1 was $350,000. During Year 2, the company: Earned revenue of $425,000 - Incurred expenses of $185,000 - Paid cash dividends of $25,000 The income statement for Year 2 would show net income of: a) $240,000 b) $215,000 c) $565,000 d) $590,000 e) $265,000

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