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6. The following facts pertain to Haskell Corporation for 2018: Retained Earnings balance, 1/1/2018 I $400,000 Cash dividends declared and paid in 2018 56,000 Retained

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6. The following facts pertain to Haskell Corporation for 2018: Retained Earnings balance, 1/1/2018 I $400,000 Cash dividends declared and paid in 2018 56,000 Retained Earnings balance (after closing), 12/31/18 520,000 Net income for 2018 2 Based on the above facts, net income for 2018 for Haskell Corporation amounted to: a $144,000. c. $176,000 b. $152,000. d. $200,000

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