Question 6 3 pts Time Lankston Company began the year by issuing $120,000 of common stock for cash. The company recorded revenues of $1.100,000, expenses of $960,000, and paid dividends of $60,000. What was Lankston's net income for the year? 32 Mar O $80,000 $260.000 $140,000 $200.000 Next Previous No new data to save, Last checked at 11:35pm Submit Quilt