I need to understand this

Except for retained earnings, the following are changes in all of LTM Company's account balances during the year ended December 31, 2020. Increase (Decrease) Cash 592,500 Accounts receivable, net 1,422,000 Inventory (750,000) Investments (352,500) Accounts payable (382,500) Bonds payable 615,000 Ordinary share capital 450,000 Share premium 30,000 There were no entries in the retained earnings account except for net income and dividend declaration of P442,500 which was paid in the current year. Required: What is EXO's net income for 2020