Required information The following information applies to the questions displayed below] The stockholders' equity section of Your Nesting Place is presented here. Based on the stockholders' equity section of Your Nesting Place, answer the following questions. Remember that all amounts are presented in thousands. 4. If retained earnings at the beginning of the period was $240 million and $20 million was paid in dividends during the year, what was he net income for the year? (Enter your answer in millions (i.e., 5,000,000 should be entered as 5).)