DrexlerDrexler had no stock transactions in 20182018, so the change in stockholders' equity for 20182018 was due to net income and dividends. If dividends were $ 80 comma 000$80,000, how much was DrexlerDrexler's net income for 20182018? Use the accounting equation and the statement of retained earnings.

Drexler's net income for 2018 was $300,000.

Explanation:

Assuming the following asset and liability figures for Drexler (missing in the question):

On 31 December 2017:

Total assets                  $330,000

Total liabilities              $25,000

On 31 December 2018:

Total assets                  $560,000

Total liabilities              $35,000

Hence, during the year 2018:

Increase in total assets = $560,000 - $330,000 = $230,000

Increase in total liabilities = $35,000 - $25,000 = $10,000

According to the accounting equation:

Capital = Assets - Liabilities

Hence, Change in Capital = Change in Assets - Change in Liabilities

                                           = $230,000 - $10,000

                                           = $220,000

According to the statement of retained earnings:

Change in stockholders' equity (i.e. capital) = Net income - Dividends

$220,000 = Net income - $80,000

Net income = $220,000 + $80,000

Net income = $300,000

part a and b only i was actually looking for c

Step-by-step explanation:

for part b

Area of DEF= 1/2× base × height = 1/2× 2 × 1 = 1

Area of FGD= 1/2× base × height = 1/2× 2.24 × 1.34 =1.50  

Area of GBD= 1/2× base × height = 1/2× 2 × 1 = 1

Area of ABG= 1/2× base × height = 1/2× 4.12 × 0.49 =1.01

Area of BCD= 1/2× base × height = 1/2× 1.41 × 2.12 =1.49

The approximate area of the original polygon is 6 square units