In 2014, Draper Company discovered errors made in 2011-2013, its first three years of operation. Items not recognized Prepaid expenses Accrued expenses Other information Reported net income Dividends dedared and paid Commonstock and additional paid in capital at 12/31 2013 $1,300 950 $23,000 4.100 22,000 2012 5900 700 $25,000 2.500 17.000 2011 5550 800 $20,000 5.000 15.000 Restated 2012 Net Income will be Select one: a. $25,250 b. 526,600 o c $25,200 d. $24,550 e $25,450