The following account balances relate to the stockholders' equity accounts of Sheridan Corp. at year-end. 2022 2021 Common stock, 10,500 and 10,000 shares, issued and outstanding, respectively, for 2022 and 2021 Preferred stock, 5,000 shares, issued and outstanding Retained earnings $155,300 $135,000 159,000 159,000 305,000 249,100 A small stock dividend was declared and issued in 2022. The market price of the shares issued was $11,300. Cash dividends of $17,000 were declared and paid in both 2022 and 2021. The common stock and preferred stock have no par or stated value. (a) Your answer is incorrect. What was the amount of net income reported by Sheridan Corp. in 2022? Net income $