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.Alpha Corporation has provided the following information for its first year of operations: Revenues earned were $76,000. Operating expenses incurred were $33,000. Alpha Corp. declared

.Alpha Corporation has provided the following information for its first year of operations:

Revenues earned were $76,000.

Operating expenses incurred were $33,000.

Alpha Corp. declared dividends of $15,000.

Income tax expense was $15,910.

The ending balance of Accounts Receivable was $8,000.

The ending balance of Accounts Payable was $7,000.

The ending balance of Dividends Payable was $5,000.

What was Alpha Corp.'s Net Income for the year?

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