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A company reported the following asset and liability balances at the end of 2018 and 2019: 2018 Total Assets Total Liabilities $7,500,000 3,690,000 2019 $8,300,000

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A company reported the following asset and liability balances at the end of 2018 and 2019: 2018 Total Assets Total Liabilities $7,500,000 3,690,000 2019 $8,300,000 4,160,000 During 2019, cash dividends of $ 64,000 were declared and paid, and common stock was issued for $107,000. What was the amount of net income for 2019? Multiple Choice $287,000. O $223.000. O $394.000. o $330,000

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