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X Company reported the following balance sheet information for 2019: January 1 December 31 Total Assets $14,132 $19,751 Liabilities 7,293 5,730 Paid-in Capital 4,050 8,419
X Company reported the following balance sheet information for 2019:
January 1 | December 31 | |
Total Assets | $14,132 | $19,751 |
Liabilities | 7,293 | 5,730 |
Paid-in Capital | 4,050 | 8,419 |
Retained Earnings | 2,789 | 5,602 |
Total Equities | $14,132 | $19,751 |
Assume that no dividends were paid in 2019. What was Net Income in 2019?
A: $2,055 | B: $2,404 | C: $2,813 | D: $3,291 | E: $3,851 | F: $4,505 |
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