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nathang444
nathang444
06.11.2019 • 
Business

On january 1, 2018, cat power company reported stockholders' equity of $705,000. during the year, the company paid dividends of $30,000. at december 31, 2018, the amount of stockholders' equity was $825,000. what amount of net income or net loss would the company report for 2015?

(a) net loss of $30,000

(b) net income of $90,000

(c) net income of $120,000

(d) net income of $150,000

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