Problem 12-2A (Part Level Submission) The following account balances relate to the stockholders' equity accounts of Sunland Company at year-end. 2019 2018 Common stock, 10,500 and 10,000 shares, respectively, for 2019 and 2018 Preferred stock, 5,000 shares Retained earnings $157,600 $143,500 92,400 92,400 295,700 247,300 A small stock dividend was declared and issued in 2019. The result of the stock dividend was to decrease retained earnings by $11,000 and increase common stock by $11,000. Cash dividends were $16,700 in both 2019 and 2018. The common stock has no par or stated value. Your answer is correct. What was the amount of net income reported by Sunland Company in 2019? Net income 76100 Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2019. Common stock Dividends