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During 2015, Bascom Bakery paid out $35,725 of common dividends. It ended the year with $187,500 of retained earnings versus the prior year's retained earnings

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During 2015, Bascom Bakery paid out $35,725 of common dividends. It ended the year with $187,500 of retained earnings versus the prior year's retained earnings of $159,600. How much net income did the firm carn during the year? Oa. $63,625 Ob.$56,511 Oc $61,425 d. $76,781 e. $66,339

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