Help Save & Exit Submit Required information [The following information applies to the questions displayed below.) A company had the following assets and liabilities at the beginning and end of the current year: Beginning of year Assets Liabilities 226,000 $ 94,000 257,000 77,400 End of the year Common stock in the amount of $ 21,000 was issued and dividends of $ 6.200 were paid during the year. What is the amount of net income for the year? Multiple Choice $20,400 $62.400