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Assume beginning assets of $ 6 0 , 0 0 0 , ending assets of $ 8 0 . 0 0 0 . a $

Assume beginning assets of $60,000, ending assets of $80.000. a $10,000 decrease in liabilities, and ending stockholdersequity of $45,000If dividends exceeded capital stock issuances by $20,000, how much was net income for the period? A) $15,000 B )$30,000 C)$ 50,000 D)Cannot be determined from the information given E)None of these

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