21) The accounting records of Ram Company show the following assets and liabilities as of 1201x2017 and 12.1'3 112018: Dec. 31 Dec. 31 2012 201$ Accounts payable 54.000 512.000 Accounts Receivable 35.000 25.000 Accumulated Depreciation 18.000 40.000 Cash 30.000 5.000 Equipment 63.000 120.000 land 0 280,000 Note Payable 0 250.000 Ofce Supplies 8.000 7.000 Prepaid Insurance Expense 4.000 3.000 Uneamed Revenue 16.000 1 1.000 Additionally, during 2018, Ram's owners contributed $5,000 in capital contributions and declared $10,000 in cash dividends. What amount did Barn report fin- 2018 Net Income (1053)? A) $25,000 B) $49,000 C) $5,000 D) $69,000 E) NOTA