Question: Question 7 1 pts Presented below are data for Sheridan Company 2020 2021 Assets, January 1 $6,833 ? Liabilities, January 1 ? $4,110 2 2

Question 7 1 pts Presented below are data for Sheridan Company 2020 2021 Assets, January 1 $6,833 ? Liabilities, January 1 ? $4,110 2 2 Stockholders' Equity, Jan. 1 ? $4,117 850 967 Dividends Common Stock 919 970 Stockholders' Equity, Dec. 31 ? 3,409 Net Income 1,020 ? Net income for 2021 is $708 income. $259 loss. $208 income. $708 loss

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