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Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its acoounting period, December 31 , Year 1

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Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its acoounting period, December 31 , Year 1 , Great Plains Company has assets of $904,344 and liabilities of $272,457. During Year 2, Marson invested an additional $28,337 and withdrew $25,156 from the business. What is the amount of net income during Year 2, assuming that as of December 31 , Year 2 , assets were $988,830 and liabilities were $231,025 ? a. 584,486 b. 5122,737 c. $41,432 d. 325,156

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