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As of the end of its accounting period, December 31, Year 1, Great Plains Company...

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Accounting

As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $904,107 and liabilities of $276,445. During Year 2, stockholders invested an additional $28,614 and received $25,626 in dividends from the business. What is the amount of net income during Year 2, assuming that as of December 31, Year 2, assets were $987,804 and liabilities were $235,203? a.$41,242 b.$83,697 c.$121,951 d.$25,626

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