Presented below are data for Caracas Corp. $684 income. $684 loss. $38 income. $38 loss

Question 16 Presented below are data for Caracas Corp. Assets, January I Liabilities. January I Stockholders' Equity. Jan Dividends Common Stock Stockholders' Equity. Dec. Net Income Net income for 2012 is $684 income. o $684 loss. o $38 income. o $38 loss. o 31 2010 $3,800 2,280 760 684 760 2011 $4 ,560 570 608 684 2012 $2,736 2,850 646 650 2,166