Question 9 10 pts Your Company's balance sheet reported common stock of $9,500 and retained earnings of $5,000 on January 1, 2021. Retained earnings on the December 31, 2021 balance sheet was $11,000. The company paid a $3,500 dividend during the year. What was net income for 2021? O $ 7,000 O $ 2,000 O $14,500 O $ 9,500