Business, 09.04.2020 21:03 SPDrac0

On December 31, 2018, the balance in Retained Earnings is $40,000. On December 31, 2019, the balance in Retained Earnings is $38,200. During 2019, dividends of $8,000 were declared and paid. What is the amount of net income for 2019?

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On December 31, 2018, the balance in Retained Earnings is $40,000. On December 31, 2019, the balance...