Question 1 of 501\table[[,Increase (Decrease),,Increase (Decrease)],[Cash,$69,570,Accounts Payable,$(51,240)],[Accounts Receivable (net),53,800,Bonds Parable,83,080],[Inventory,130,500,Common Stock,131,900],[Investments,(47,390),Paid-rreapital in Excess of Par-Common Stock,15,920]]Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $26,900 which was paid in the current year.Net income ??????eTextbook and MediaAttempts: unlimited