Problems (15 points each) 26. Calculation of net income from the change in stockholders' equity. Presented below is certain information pertaining to Edson Company Assets, January 1 Assets, December 31 Liabilities, January 1 Common stock, December 31 Retained earnings, December 31 $250,000 230,000 50,000 80,000 41,000 10,000 13,000 Common stock sold during the year Dividends declared during the year Compute the net income for the year