Question: Multiple Choice Question 152 [4 Your answer has been saved and sent for grading. On January 1, 2018, Waterway Company reported stockholders' equity of $706400.

 Multiple Choice Question 152 [4 Your answer has been saved and

Multiple Choice Question 152 [4 Your answer has been saved and sent for grading. On January 1, 2018, Waterway Company reported stockholders' equity of $706400. During the year, the company paid dividends of $30600. At December 31, 2018, the amount of stockholders' equity was $824900. What amount of net income or net loss would the company report for 2015? Net income of $87900 Net income of $118500 Net income of $149100 Net loss of $30600

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