8. Finney Company issued common stock for $40,000 this year. The company had revenues of $370,000, expenses of $320,000, and paid dividends of $20,000. Finney's NET INCOME was? a. $30,000 b. $50,000 c. $70,000 d. $90,000 CAUTION aupronood an 10. Ashley's Accessory Shop started the year with total assets of $140,000 and total liabilities of $80,000. During the year the business recorded $220,000 in revenues, $110,000 in expenses, and dividends of $40,000. Stockholders' Equity at the end of the year was a. $60,000. b. $70,000. c. $110,000. d. $130,000