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Electronics World Inc. paid out $ 6 . 6 million in total common dividends and reported $ 3 7 2 . 6 million of retained

Electronics World Inc. paid out $ 6.6 million in total common dividends and reported $ 372.6 million of retained earnings at year - end . The prior year's retained earnings were $ 264.5 million . What was the net income ? Assume that all dividends declared were actually paid . Write out your answer completely For example ,25 million should be entered as 25,000,000. Round your answer to the nearest dollar , if necessary .

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