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During 2014, BBB paid out $33,525 of common dividends. It ended the year with $197,500 of retained earnings vs. the prior years retained earnings of

During 2014, BBB paid out $33,525 of common dividends. It ended the year with $197,500 of retained earnings vs. the prior years retained earnings of $159,600. How much net income did the firm earn during the year?

A.$71,425

B.$74,996

C.$78,746

D.$82,683

E.$86,818

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