Question: Please help. LCULATOR PRINTER VERSION 4. Problem 13-2A (Part Level Submission) The following account balances relate to the stockholders' equity accounts of Kerbs Corp. at

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LCULATOR PRINTER VERSION 4. Problem 13-2A (Part Level Submission) The following account balances relate to the stockholders' equity accounts of Kerbs Corp. at year-end. 2015 2014 Common stock, 10,500 and 10,000 shares, respectively, for 2015 and 2014 $162,230 $135,000 Preferred stock, 5,000 shares 140,880 140,880 Retained earnings 303,180 261,600 A small stock dividend was declared and issued in 2015. The market value of the shares was $11,360. Cash dividends were $14,380 in both 2015 and 2014. The common stock has no par or stated value. (a) What was the amount of net income reported by Kerbs Corp. In 2015 Net Income LINK TO TEXT

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