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Kinder Company reported Retained Earnings of $60,000 and $36,000, respectively, on its 2020 and 2019 Balance Sheet. In addition, Kinder declared and paid dividends of

Kinder Company reported Retained Earnings of $60,000 and $36,000, respectively, on its 2020 and 2019 Balance Sheet. In addition, Kinder declared and paid dividends of $6,000 during 2020. Based on the preceding, how much Net Income would Kinder report for 2020?

Group of answer choices

$30,000

$60,000

$24,000

$18,000

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