[Solved] Calculation of net income from the change in stockholders' equity.Presented below are changes in the account balances of Wenn Company during the year, except for retained earnings. The only entries in Retained Earnings were for net income and a dividend declaration of $17,000.1. Compute the net income for the current year.2. Explain what else can affect the Retained Earnings account. Conventional Gender Roles: Societal norms dictating the behaviors, actions, and roles deemed appropriate for men and women based on their sex. Social Solidarity: The sense of community and shared values that bonds members of a society together. Social Inequality: The unequal distribution of resources, opportunities, and privileges among individuals or groups within a society. Pornification: The process by which the explicit characteristics and values of pornography come to influence or infiltrate mainstream culture and society.