The following data were reported in the shareholders' equity section of the Jetson Company's comparative balance sheets for the years ended December 31: (s in millions) 2016 2015 Common stock, $1 par per share $306 $300 Paid in capital - excess of par 174 150 Retained earnings 314 300 During 2016, Jetson declared and paid cash dividends of $45 million. The company also declared and issued a stock dividend. No other changes occurred in shares outstanding during 2016. What was Jetson's net income for 2016? A) $14 million B) $59 million C) $65 million D) $9 million