A company reports the following balances: 12/31/2018 12/31/2019 Common Stock $ 14 comma 000 $ 162 comma 000 Paidminusin Capital in Excess of Par 98 comma 000 110 comma 000 Retained Earnings 68 comma 000 77 comma 000 During 2019, dividends of $ 14 comma 000 were declared and paid. What is net income for 2019? A. $ 14 comma 000 B. $ 5 comma 000 C. $ 9 comma 000 D. $ 23 comma 000
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