In 2019 my net income is 56,000 under the equation NI=RE + DI how would that add up to $174,000

L05 P1-5A. Statement of Stockholders' Equity and Balance Sheet The following is balance sheet information for Flush Janitorial Service, Inc., at the end of 2019 and 2018: December 31, 2019 December 31, 2018 . Accounts payable.. Cash...... Accounts receivable Land ........... Building, net ..... Equipment, net... Mortgage payable. Supplies ........ Common stock ... Dividends ... Retained earnings ..... . $ 17,000 50,000 78,000 92,000 500,000 75,000 175,000 27,000 420,000 20,000 ? $ 18,000 44.000 62,000 92,000 520,000 77,000 205,000 22,000 420,000 . . . . . Required a. Prepare a balance sheet as of December 31 of each year. b. Prepare a statement of stockholders' equity for 2019. (Hint: The increase in retained earnings is equal to the net income less the dividend.)