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nformation related to the Berkley Company for the calendar year 2015 follows: Liabilities, December 31,...

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Accounting

nformation related to the Berkley Company for the calendar year 2015 follows:

Liabilities, December 31, 2015 $400

Assets, December 31, 2015 700

Dividends distributed during 2015 90

Liabilities, December 31, 2014 250

Assets, December 31, 2014 350

Assuming no capital stock was issued during 2015, the net income earned by the Berkley Company during 2015 was

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