A company had the following assets and liabilities at the beginning and end of the current year: Beginning of year End of the year Assets Liabilities $217,000 $ 89,500 248,000 75,600 Common stock in the amount of $16,500 was issued and dividends of $5,300 were paid during the year. What is the amount of net income for the year? Multiple Choice O $23,100 o $44,900 O $56,100 o o o O $33,700