2-2: On Sept 30th, the Disney Corp had a Retained Earnings balance of $8,241 million. One year later it had jumped to $9,021million. They sold no stock during the year but did pay $236 million in common dividends. Their DPS = $0.50. Given this information:

a. what must have been their net income for the year (8 points ) and b. how manyshares of stock must be outstanding (only 2 points - yes this part is difficult)

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