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QUESTION 36 EXTRA CREDIT If the beginning and ending balances in retained earnings are $25.000 and 540,000, respectively, and dividends during the year are $5.000.

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QUESTION 36 EXTRA CREDIT If the beginning and ending balances in retained earnings are $25.000 and 540,000, respectively, and dividends during the year are $5.000. then net income for the year is A $20,000 B. $65,000 OC. $25.000 OD. $30.000 E. Indeterminable from the data given

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