Which of the following demonstrates the fundamental qualitative characteristic of relevance: Sam was planning on investing in Tesla stock but decided not to after reading the company's financial statements. Sam had an accurate impression of Tesla because the financial statements accurately represented the underlying economics of the company. Sam was able to understand Tesla's financial statements because they were transparent and made sense. Sam noticed that Tesla's auditors were able to check the financial statements for accuracy, completeness, and reliability. Question 42 1 pts Revenues were $180,000, expenses were $165,000, and cash dividends declared and paid were $2,000. What were the net income and the change in retained earnings for the period? Net income was $15,000; the change in retained earnings was $13,000. Net income was $15,000; the change in retained earnings was $15,000. Net income was $15,000; the change in retained earnings was $17,000. Net income was $180,000; the change in retained earnings was $178,000