CALCULATOR Problem 17-OZA (Part Level Submission) The following account balances relate to the stockholders' equity accounts of Kerts Corp. at year-end, 2020 2019 Common stock, 10,500 and 10,000 shares, respectively, for 2020 and 2019 $161,100 $142,000 Preferred stock, 5,000 shares 136,800 136,000 Retained earnings 300,100 253,000 A small stock dividend was declared and issued in 2020. The result of the stock dividend was to decrease retained earnings by 510,600 and increase common stock by 10.000 Cash $16,500 in both 2020 and 2019. The common stock has no par or stated value (a) What was the amount of net income reported by Kerbs Corp. In 2020? Net Income Click if you would like to show Work for this questions Open Show Work By accessing this Question Assistance, you will learn while you can points based on me point Potential Policy by your instructor pie vy Nerds Corp. In 2020? Net income Click If you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your in (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) I The parts of this question must be completed in order. This part will be available when you complete the part above