As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $925,355 and liabilities of $272,697. During Year 2, stockholders invested an additional $28,731 and received $25,156 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 $980,886 and liabilities were $234,739?

$55,531

$37,958

$25,156

$89,914