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on january 1, 2017, Po Consulting had total assets of $500,000 and total liabilities of $300,000. Now, on december 31, 2017, Po has total liabilities

on january 1, 2017, Po Consulting had total assets of $500,000 and total liabilities of $300,000. Now, on december 31, 2017, Po has total liabilities of $320,000 and total stockholders equity of $225,000. Po paid dividends of $20,000 during 2005. what was Po's net income (loss) for 2017? a. $45,000 b. -$45,000 c. $25,000 d. -$25,000 e. $0

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