11a. Alpha's Company's Fiscal Year 2017 Statement of Cash Flows reflected information that cash provided by operating activities was $800,000. The following additional information was provided:

Depreciation Expense	$380,000
Common Stock Dividends	200,000
Accounts Receivable increase	110,000
Accounts Payable decrease	60,000

Use this information and determine Alpha Company's the Net Income (Net Loss) the 2017 Fiscal Year.

11b. Alpha's Company's Fiscal Year 2017 Statement of Cash Flows reflected information that cash provided by operating activities was $800,000. The Fiscal Year 12/31/17 Balance Sheet showed the value of Retained Earnings to be $625,000. The following additional information was provided:

Depreciation Expense	$380,000
Common Stock Dividends	200,000
Accounts Receivable increase	110,000
Accounts Payable increase	60,000

Use this information and determine Alpha Company's:

a. the Net Income (Net Loss) the 2017 Fiscal Year.

b. the beginning balance for Retained Earnings