A company started the year with the following: Assets $129,000: Liabilities $43, 500: Common Stock $73, 500; Retained Earnings $12,000. During the year, the company earned revenue of $6, 800, all of which was received in cash, and incurred expenses of $3, 900, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2, 800 to owners. Assume no other activities occurred during the year. What was the amount of net income for the year? $6 800 $2, 800 $3, 900 $2, 900