Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $908,100 and liabilities of $267,845. During Year 2, Marson invested an additional $28,658 and withdrew $25,871 from the business. What is the amount of net income during Year 2, assuming that as of December 31, Year 2, assets were $980,279 and liabilities were $233,892? a. $33,953 b. $103,345 c. $25,871 d. $72,179

Abbie Mar sonisthe soleownerandoperatorofGreat Plains Company. Asoftheendofitsaccountingperiod, December 31, Year 1, Great Plains Companyhasasset sof908,100 and liabilities of 267,845. DuringYear 2, Mar soninvestedanadditional 28,658 and withdrew 25,871 fromthebusiness. Whatistheamounto fnetincomeduringYear 2,assumingthatasof December 31, Year 2, assetswere980,279 and liabilities were 233, 892?a.33,953 b. 103, 345c.25,871 d. 72, 179