Astoria Co. had the following transactions during the month of August 2014: *Cash received from bank loans was $20,000. * Dividends of $9,500 were paid to stockholders in cash. * Revenues earned and received in cash amounted to $33,500. "Expenses incurred and paid were $26,000. 8. Refer to the information above. What amount of net income will be reported on an income statement for the month of August? A. $20,000 B. $7,500. C. $0. D. $33,500