A company's financial records at the end of the year including the following amounts: Cash 71,700 29,700 Accounts receivable Supplies Accounts payable Notes payable Retained earnings, beginning of year Common stock 5,700 11,700 5,850 18,700 57,000 41,950 Service revenue Wages expense Advertising expense Rent expense 9,700 6,700 11,700 What is the amount of net income on the income statement for the year? A company's financial records at the end of the year including the following amounts: Cash 71,700 $ 29,700 Accounts receivable Supplies Accounts payable Notes payable Retained earnings, beginning of year Common stock 5,700 11,700 5,850 18,700 57,000 41,950 Service revenue Wages expense Advertising expense Rent expense 9,700 6,700 11,700 What is the amount of total stockholders' equity that would be reported on the Balance Sheet at the end of the year