Assume the following for the year 2000 for the Staubus Company: Revenues $1,000,000 Operating expenses Cost of goods sold $400,000 Depreciation $100,000 Salaries and wages $200,000 Bond interest (8% Debentures sold at $80,000 maturity value of $1,000,000) Dividends declared on 6% Preferred Stock $30,000 (par value $500,000) Dividends declared of $5 per share on Common Stock (20,000 shares outstanding, $100,000 a par value of $100 per share) a. Determine the income under each of the following equity theories: Proprietary theory Entity theory (orthodox view) .Entity theory (unorthodox view) o Residual equity O