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i need it early as possible 26. The firm paid $800,000 in dividends over the last period. The beginning and ending retained earnings account balances

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26. The firm paid $800,000 in dividends over the last period. The beginning and ending retained earnings account balances were $10,100,000 and $12,500,000 respectively. Assuming a 40% average tax rate, what was the firm's net income (net profit after taxes)? (2 Points) $2,400,000 $3,200,000 $1,600,000 $5,333,333

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