QUESTION 10 At the beginning of the year, Execon Company had total assets of $200,000, total liabilities of $110,000, and shareholders' equity of $90,000. For the year, Execon Company earned net income of $66,130 and declared cash dividends of $37,836. At the end of the year, the company had total assets of $294,618 and its shareholders' equity was at $142,324. At the end of the year, Execon Corporation had total liabilities of - In 2019 KRJ International reported earnings before taxes of $100,000 and tax expense of $35,000, leaving net income of $65,000. During the year it sold a warehouse with a net book value of $18,471 for $11,909; the resulting gain or loss on the sale had been included in the calculation of earnings before taxes. Recalculate the company's net income with the unusual gain or loss removed