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Use the interactive dashboard below to answer the questions that follow:

Danielson Corporation have just wrapped up their fiscal year. They have compiled their income statement and are now in the process of completing their closing entries. To assist with the closing process they have created a dashboard reconciling beginning and ending retained earnings as well as demonstrating the components of their income statement. Using the dashboard address the following concerning the closing process inclusive of the closing entries:

Will you please find retained earnings, the net income, and ending retained earnings balance? And anything else I am missing. Thank you.

Change in Retained Earnings $80K $60K $50,000 $40K $20K $OK Beg. Retained Earnings Net Income End. Retained Earnings Income Statement Accounts $100K Gain on Sale of Assets $10,000 $80K Loss on Sale of Assets $13,000 Income Statement Accounts B. What was Danielson Corporation's Net Income for the year? Answer is not complete. C. Post-closing entries, what is the ending Retained Earnings balance