Question: Presented below are data for Caracas Corp. 2017 2018 Assets, January 1 $6,840 ? Liabilities, January 1 ? $4,104 Stockholders' Equity, Jan. 1 ? $4,125

Presented below are data for Caracas Corp.

2017 2018
Assets, January 1 $6,840 ?
Liabilities, January 1 ? $4,104
Stockholders' Equity, Jan. 1 ? $4,125
Dividends 855 969
Common Stock 912 975
Stockholders' Equity, Dec. 31 ? 3,399
Net Income 1,026 ?

Net income for 2018 is...

$243 loss.

$726 income.

$180 income.

$726 loss.

Please show work.

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