Below is the balance sheet from Firm A's first year of operations: Cash $ 2,000 Accounts Payable $4,000 Accounts receivable $ 3,500 Notes payable $6,500 Inventory Common stock $5,000 Equipment $10,500 Retained earnings $7,300 Total assets Total liabilities & shareholders' equity If the company paid dividends of $2,000 during the year, what was their net income? $7,300 O $5,300 $9,300 O $12,300