Astoria Company had the following transactions during the month of August Year 1 : (1) Cash received from bank loans was $25,000. (2) Dividends of $10,000 were paid to stockholders in cash. (3) Revenues earned and received in cash amounted to $38,500 (4) Expenses incurred and paid were $28,500. What amount of net income will be reported on an income statement for the month of August? Multiple Choice $25,000. $10,000. $0. $38,500