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

Question 7 1 pts Presented below are data for Sheridan Company

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

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