Question: The following partial information was obtained from a company's statement of stockholders' equity for the period January 1 to December 31. Assume the only

The following partial information was obtained from a company's statement of stockholders' equity for the period January 1 to December 31. Assume the only equity accounts are common stock and retained earnings. Common Stock on January 1: $61,600 . Total Stockholders' Equity on January 1: $154,600 Dividends paid during the year: $14,700 Retained Earnings on December 31: $123,600 What was net income during the year? (Click to select) $45,700 $138,300) $108,900 $41,600 $45,300

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