The following account balances relate to the stockholders' equity accounts of Oriole Corp. at year-end. Common stock, 10,500 and 10,000 shares, issued and 2022 2021 outstanding, respectively, for 2022 and 2021 Preferred stock, 5,000 shares, issued and outstanding Retained earnings $162,700 $136,900 98,400 98,400 297,000 253,500 A small stock dividend was declared and issued in 2022. The market price of the shares issued was $10,800. Cash dividends of $15,100 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 Oriole Corp. in 2022? Net income 69.400