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Wildhorse Co.began the year with retained earnings of $117000. During 2022, the company issued $76500of common stock for cash. The company recorded revenues of $775000,

Wildhorse Co.began the year with retained earnings of $117000. During 2022, the company issued $76500of common stock for cash. The company recorded revenues of $775000, expenses of $656000, and paid dividends of $43000. What wasWildhorse's net income for the year 2022?

a. $195500

b. $119000

c. $76000

d. $152500

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