072 E Question 2 of 5 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect The following are changes in all account balances of Blossom Furniture during the current year except for retained earnings Increase (Decrease) 100,740 Increase (Decrease) [ 74.460) Cash 119.720 65,700 Accounts Payable Bonds Payable Share Capital-Ordinary Accounts Receivable (net) 201 480 185,420 Inventory (68,620) Investments 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 35 040 which was paid in the current year E 124100 Net income