Lena Company has provided the following data (ignore income taxes):

2016 revenues were $75,000.

2016 expenses were $48,400.

Dividends declared and paid during 2016 totaled $7,500.

Total assets at December 31, 2016 were $183,000.

Total liabilities at December 31, 2016 were $101,000.

Common stock at December 31, 2016 was $25,000.

Which of the following is not correct?

2016 net income was $26,600.

Total liabilities and stockholders' equity at December 31, 2016 was $183,000.

Retained earnings on December 31, 2016 were $183,000.

Total stockholders' equity at December 31, 2016 was $82,000.