Electronies World inc. pald out $23.2 million in total common dividends and reported $104 million of retained earnings at yearend. The prior year's retained eamings were s8. 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. Electronies World inc. pald out $23.2 million in total common dividends and reported $104 million of retained earnings at yearend. The prior year's retained eamings were s8. 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