As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $904,089 and liabilities of $278,119. During Year 2, stockholders invested an additional $28,754 and received $25,313 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 $986,408 and liabilities were $234,883? O a. $43,236 b. $122,114 O c. $82,319 Od. $25,313

As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $904,089 and liabilities of $278,119. During Year 2. stockholders invested an additional $28,754 and received $25,313 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 $986,408 and liabilities were $234,883 ? a. 543,236 b. 5122,114 c. 582,310 4. 525,313