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The Weber Company had the following information in its 2010 annual report: Cash and Marketable Securities: Total Assets: Total Liabilities: Dec. 31, 2010 23,500

The Weber Company had the following information in its 2010 annual report: Cash and Marketable Securities: Total Assets: Total Liabilities: Dec. 31, 2010 23,500 54,000 28,000 Dec. 31, 2009 22,000 40,000 21,000 During the year of 2010, The Weber Company issued $2,000 in new shares, recognized revenues of $36,500 and declared dividends of $10,000. What was the net income of The Weber Company in 2010?

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