Linus and Lucy Inc. had the following assets and liabilities at the beginning and end of the current year: Assets Beginning of year End of year 446,000 508,000 Liabilities 185,000 153,600 Common stock in the amount of $39,000 was issued and dividends of $11,800 were paid during the year. What is the amount of net income for the year? $42,600 O $93,400 O $66,200 O $20,600