Bantam company calculated its net income to be $77,900 based on the unadjusted trial balance. The following adjusting entries were then made for: Salaries and wages owed but not yet paid of $825. Interest earned but not received from investments of $785. Prepaid insurance premiums amounting to $585 have expired. Deferred revenue in the amount of $785 has now been earned. Required: Determine the amount of net income (loss) that will be reported after the adjustments are recorded Net Income Ridge Crest Co has beginning Retained Earnings of $42.000, ending Retained Earnings of $43.000, and net income of $25,000. What was the amount of dividends declared during the year? Multiple Choice $24.000 $17,000 $1,000 $25,000