The following transactions and events affected its equity during the year.

January $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date of pecord january le$.$

March $26$ Purchased treasury stock for cash.

April $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date gf recond Apri$113.$

July $5$ Declared a $$0\mathrm{.}56$ per share cash dividend, date of recond auly $1$e$.$

July $31$ beclared a $20\%$ stock dividend when the stock's wamket walme was y$14$ per share.

August $14$ issued the stock dividend that was declared on July $11.$

October $5$ Declared a $$0.$ St per share cash divitand, date of wecond dctober $10.$

$5.$ How much net income did the company earn this year?

Net income