I have no idea how to go from these values to Net Income. I know to calculate Net Income by using Sales Revenue, COGS, Revenues, and Expenses. However, This i am stuck. Please help.

Exercise 103 Presented below is certain information pertaining to Edson Company. Assets, January 1 Assets, December 31 Liabilities, January 1 Common stock, December 31 Retained earnings, December 31 Common stock sold during the year Dividends declared during the year $251,710 234,700 145,300 80,570 42,950 10,000 13,900 Compute the net income for the year. Net income