Problem 17-02A The following account balances relate to the stockholders' equity accounts of Kerbs Corp, at year-end. 2020 2019 Common stock, 10,500 and 10,000 shares, respectively, for 2020 and 2019 Preferred stock, 5,000 shares Retained earnings 161,200 $130,800 165,200 165,200 03,600 251,300 dividend was declared and issued in 2020. The result of the stock dividend was to decrease retained earmings by $10,500 and increase common stock by $10, 15,500 in both 2020 and 2019. The common stock has no par or stated value. what was the amount of net income reported by Kerbs Corp in 2020 Net income Determine the amounts of any cash infiows or outflows related to the common stock and dividend accounts in 2020. Common stock Dividends