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03-06-2023
Business

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and Quie 1Ch 12 Stoch Company's balance sheet reported assets of $53,000, liabeties of $17,000 and common stock of $14,000 as of December 31, Year 1 f Retamed Famings on the balance sheet as of December 31, Year 2, amount to $26,000 and Stosch paid a $16,000 dividend during Year 2, then the amount of net income for Year 7 was which of the followin Multiple Choice < Prev $4,000 $20.000 $22.000 $16.000 O fi 31 9 O

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