Your Corporation started a consulting business on January 1, 2021 by issuing $7,000 of common stock. What was net income for the year given the following events? Provided services on account, $35,000. Incurred $15,000 of operating expense on account. Purchased $9,000 of supplies. Paid $5,000 of its accounts payable. Collected $9,000 of the revenue that was previously recorded on account. Performed $75,000 of work for cash. Recognized $5,000 of supplies expense. Paid a cash dividend of $2,000 to the stockholders. $99,000 $90,000 $88,000 $86,000 $95,000