Current Attempt in Progress Your Answer Correct Answer (Used) Presented below are changes in all the account balances of Blue Furniture Co during the current year, except for retained earnings Increase (Decrease) $69,280 Cash Accounts Payable Bonds Payable Increase (Decrease) $(52.960 83.030 Accounts Receivable (net) 51,600 Inventory 136,700 Common Stock 130,000 Investments (48,710) Pald-in Capitalin Excess of Par-Common Stock 14,690 Compute the net income for the current year, assurning that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $24.030 which was paid in the current year Net Income