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During 2013, Bascom Bakery paid out $31,375 of common dividends. It ended the year with $197,500 of retained earnings versus the prior year's retained earnings

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During 2013, Bascom Bakery paid out $31,375 of common dividends. It ended the year with $197,500 of retained earnings versus the prior year's retained earnings of $159,600. How much net income did the rm earn during the year? Q $69,275 O $74,275 O $78,746 0 $82,683 O $71,425

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