The following summary balance sheet account categories of Sun Company increased during 2013 by the amounts shown:

Assets .....................$178,000 Liabilities ...........................$54,000

Capital Stock ...............$120,000 Additional Paid-in Capital ...............$12,000

The only change to retained earnings during 2013 was for $26,000 of dividends. What was Sun Company's net income for 2013?

Question options:

$34,000$26,000$18,000$8,000