Splish Brothers Inc. began the year with retained earnings of $123000. During 2022, the company issued $77500 of common stock for cash. The company recorded revenues of $773000, expenses of $648000, and paid dividends of $43000. What was Splish's net income for the year 2022?

$202500

$125000

$159500

$82000

Answer rating: 100% (QA)

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