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Henri Natisse is the owner and operator of Natisse Enterprise, an art valuation business. At the end of its accounting period, December 31, 2019,

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Henri Natisse is the owner and operator of Natisse Enterprise, an art valuation business. At the end of its accounting period, December 31, 2019, Natisse Enterprise has assets of $760,000 and liabilities of 240,000. Calculate net income during 2020, assuming that as of December 31, 2020, assets were $960,000, liabilities were $156,000, during 2020 Natisse paid himself a dividend of $10,000, and no shares were issued or repurchased during 2020. $294,000. $520,000. $804,000. $274,000.

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