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D Question 4 1 pts Borough, Inc. started in business in 2011 when it issued $16,000 of common stock. No more stock has been issued

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D Question 4 1 pts Borough, Inc. started in business in 2011 when it issued $16,000 of common stock. No more stock has been issued since that time. At January 1, 2016, Borough had $80,000 in total stockholders' equity and $22,000 in total liabilities. At December 31, 2016, Borough's assets had increased by $2,000 and its liabilities had decreased by $6,000. How much was Borough's net income during 2016 if the company paid $1,000 in dividends during the year? 8000 10000 9000 More Information Needed

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