As of the end of its accounting period, December $31,$ Year $1,$ Great Plains Company has assets of $$940,000$ and liabilities of $$300,000.$ During Year $2,$ stockholders invested an additional $$73,000$ and received $$33,000$ 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 $$995,000$ and liabilities were $$270,000?$

Question $16$ options:

a$)$

$$45,000$

b$)$

$$50,000$

c$)$

$$106,000$

d$)$

$$370,000$