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3 pts D Question 5 Josephine's Bakery had the following assets and liabilities at the beginning and end of the current year Assets Liabilities Beginning

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3 pts D Question 5 Josephine's Bakery had the following assets and liabilities at the beginning and end of the current year Assets Liabilities Beginning of the year $114.000 $68.000 End of the year 135,000 73,000 If the owners made no investments and dividends of $5.000 were paid during the year, what was the amount of net income earned by Josephine s Bakery during the current year? 25.000 21.000 68000 26.000

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