${10}_{}$ A company reported the following asset and liabilities balances at the end of $2023$ and $2024$ :

During $2024,$ cash dividends of $$50,000$ were declared and paid, and $1,000$ shares of $$10$ par

value common stock were issued for $$100.$ There was no change in treasury stock during the

year. How much was the $2024$ net income?

a$.$ $$480,000$

b$.$ $$350,000$

c$.$ $$300,000$

d$.$ $$360,000$

e$.$ $$340,000$