Dynamic Production Services started the year with total assets of $$90,000$ and total liabilities of $$55,000.$ The revenues and the expenses for the year amounted to $$110,000$ and $$60,000,$ respectively. During the year, the company did not issue any common stock, but it distributed dividends of $$70,000.$ Calculate Dynamic's net income for the year.

A$.$ $$50,000$

B$.$ $$60,000$

C$.$ $$110,000$

D$.$ $$90,000$