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Inc. paid $500 in dividends and $595 in interest this past year. Common stock

Inc. paid $500 in dividends and $595 in interest this past year. Common stock

Inc. paid $500 in dividends and $595 in interest this past year. Common stock increased by $205 and retained earnings decreased by $131. What is the net income for the year?

$500

$595

$800

$964

$369

Ivan's, Inc. paid $500 in dividends and $595 in interest this past year. Common stock increased by $205 and retained earnings decreased by $131. What is the net income for the year?

Abhinav 04-Dec-2019

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