Question: On January 1 , 2 0 2 2 , Coronado Company reported stockholders' equity of $ 7 0 6 5 0 0 . During the

On January 1,2022, Coronado Company reported stockholders' equity of $706500. During the year, the company paid dividends of $29000. At December 31,2022, the amount of stockholders' equity was $825600. What amount of net income or net loss would the company report for 2022?
Net income of $119100
Net income of $148100
Net income of $90100
Net loss of $29000
On January 1 , 2 0 2 2 , Coronado Company

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