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During 2021, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $167.500 of retained earnings versus the prior year's retained earnings

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During 2021, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $167.500 of retained earnings versus the prior year's retained earnings of $159,600. How much net income did the firm earn during the year? al 543,905 b. 351.355 c5-47,215 d. $39,760 e. 541.425

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