Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro Worid is presented here. Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts ar presented in thousands. Problem 10-4A Part 4 4. If retained earnings at the beginning of the period was $240 million and $20 million was paid in dividends during the year, wh the net income for the year? (Enter your answer in million (i.e., 5,000,000 should be entered as 5).)