urrent Attempt in Progress X Your answer is incorrect. Presented below are changes in all the account balances of Oriole Furniture Co.during the current year, except for retained earnings. Increase (Decrease) Increase (Decrease) Cash $70,400 Accounts Payable $(51,060) 53,100 Accounts Receivable (net) 84,740 Bonds Payable 127,600 Inventory 127,400 Common Stock 13,620 Investments (47.150) Paid-In Capital in Excess of Par-Common Stock Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $28,470 which was paid in the current year. 67740 Net income $ e Textbook and Media Submit Answer Attempts: 1 of 3 used