Multiple Choice Question 152

Multiple Choice Question 152 On January 1, 2018, Swifty Company reported stockholders' equity of $704200. During the year, the company paid dividends of $29900. At December 31, 2018, the amount of stockholders' equity was $824800. What amount of net income or net loss would the company report for 2018? O Net loss of $29900 O Net income of $150500 O Net income of $90700 O Net income of $120600