pls help me understand

Golden Enterprises started the year with the following: Assets $131.000; Liabilities $44,000; Common Stock $74,000, Retained Earnings $13,000. During the year, the company earned revenue of $6,900, all of which was received in cash, and incurred expenses of $3,950, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2,900 to owners Assume no other activities occurred during the year, The amount of Golden's net income for the year is Multiple Choice O $3.950 $2950 O $2.900 O $6,900