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Paid in Capital, beginning Paid in Capital, ending Retained Earnings, beginning Retained Earnings, ending Dividends paid during the year 220,000 240,000 180,000 285,000 20,000 35)

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Paid in Capital, beginning Paid in Capital, ending Retained Earnings, beginning Retained Earnings, ending Dividends paid during the year 220,000 240,000 180,000 285,000 20,000 35) The following information is available for McKenzi Company Cash ending, $20,000 Cash beginning 30,000 Total assets ending 790,000 Employees, ending number 728 Total Liabilities, ending 285,000 Common Stock ($1 par), ending 26,000 The Net Income for the year was A. $ 105,000 B. $ 125,000 C. $ 85,000 D. $ 20,000 E. Would need more information or none of these

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