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7) Maynard Enterprises paid $1,748 in dividends and $1,704 in interest over the past year. The common stock account increased by $1,584 and retained earnings

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7) Maynard Enterprises paid \$1,748 in dividends and $1,704 in interest over the past year. The common stock account increased by $1,584 and retained earnings decreased by $678. What was the company's net income? A) $906 B) $2,262 C) $1,070 D) $2,654 E) $2,426

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