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  3. 25 25. a company reported the following asset and

25 25. A company reported the following asset and liability balances arthe end of...

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Accounting

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25. A company reported the following asset and liability balances arthe end of 2009 and 2010: 2009 2010 Total Assets $6,800,000 $7,600,000 Total Liabilities 3,200,000 3,600,000 During 2010, cash dividends of $50,000 were declared and paid, and common stock was issued for $100,000. How much was the 2010 net income? Best common stock issue - div+NI = End. A. $400,000 B. $480,000 10oooo 50000 400000 C. $350,000 3600000 D. $300,000 3700000-4000000 5. For the year-ended December 31, 2015, the Hawkeye Corporation reported a net income of 0,000. Some additional information from the financial statements is as follows: reciation $30,000 on the sale of equipment $10,000 tory, Jan. 1, 2015 $40,000

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