Presented below are data for Caracas Corp.
Assets, January 1 $4,560 ?
Liabilities, January 1 ? $2,736
Stockholders' Equity, Jan. 1 ? 2,750
Dividends 570 646
Common Stock 608 650
Stockholders' Equity, Dec. 31 ? 2,166
Net Income 684 ?
Net income for 2014 is
A) $584 income.
B) $62 loss.
C) $584 loss.
D) $62 income.
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