Problem 13-2A (Part Level Submission) The following account balances relate to the stockholders' equity accounts of Kerbs Corp. at year-end. Common stock, 10,500 and 10,000 shares, respectively, for 2015 and 2014 Preferred stock, 5,000 shares Retained earnings 2015 $161,180 105,840 298,270 2014 $131,460 105,840 260,830 A small stock dividend was declared and issued in 2015. The market value of the shares was $11,010. Cash div (a) Your answer is correct. What was the amount of net income reported by Kerbs Corp. in 2015? Net income 63490 SHOW SOLUTION LINK TO TEXT (b) Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 20 Common stock Dividends LINK TO TEXT