Assume the following excerpts from a company's balance sheet) Bonds payable Common stock Retained earnings: Beginning Balance $ 500,000 $900,000 $375,000 Ending Balance $ 600,000 $920,000 $445,000 During the year, the company did not retire any bonds or repurchase any common stock. If the company's net cash provided by (used in) financing activities is $65,000, then its net income would be Multiple Choice $85,000 $185.000 During the year, the company did not retire any bonds or repurchase any common stock. If the company's net cash provided by (used in) financing activities is $65,000, then its net income would be Multiple Choice O O $85.000 $85.000 $1,000 $125.000 SAM < Prev 12 of 16 Next > 4/13/20 Assume the following excerpts from a company's balance sheet Bonds payable Common stock Retained earnings Beginning Balance $ 500,000 $ 900,000 $375,000 Ending Balance $ 600,000 $920,000 $ 445,000 During the year, the company did not retire any bonds or repurchase any common stock. If the company's net cash provided by (used in) financing activities is $65,000, then its net income would be: Multiple Choice $85.000 $185.000 < Prev 12 of 16 O Search D Next 1 G During the year, the company did not retire any bonds or repurchase any common stock. If the company's net cash provided by (used in) financing activities is $65,000, then its net income would be: Multiple Choice O O $85,000 $185,000 $15.000 $125,000