Finney Company began the year with retained earnings of $$100,000.$ During $2022,$

the company issued $$80,000$ of common stock for cash. The company recorded

revenues of $$740,000,$ expenses of $$640,000,$ and paid dividends of $$40,000.$ What

was Finney's net income for the year $2022?$

$$60,000$

$$140,000$

$$100,000$

$$180,000$