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As of the end of its accounting period, December 3 1 , Year 1 , Great Plains Company has assets of $ 9 2 3

As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $923,696 and liabilities of $269,651. During Year 2, stockholders invested an additional $28,238 and received $25,374 in dividends from the business. What is the amount of net income during Year 2, assuming that as of December 31, Year 2, assets were $988,630 and liabilities were $235,452?
a. $96,269
b. $64,934
c. $34,199
d. $25,374
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