3. During the year 2020, Gloria Company's Total Assets increased $25,000, and Total liabilities decreased $15,000. During the same year, the company's investors invested an additional $30,000 and the company paid dividends of $5,000. What must have been the company's Net Income for 2020? A) $25,000 B) $10,000 C) $15,000 D) $20,000

3. During the year 2020, Gloria Company's Total Assets increased $25,000, and Total liabilities decreased $15,000. During the same year, the company's investors invested an additional $30,000 and the company paid dividends of $5,000. What must have been the company's Net Income for 2020 ? A) $25,000 B) $10,000 C) $15,000 D) $20,000