The changes in account balances for Allen Inc. for 2018 are as follows: 
Assuming the only changes in retained earnings in 2018 were for net income and a $25,000 dividend, what was net income for 2018?
Definitions:
Affiliation Motivation
The drive to relate to people on a social basis and to be accepted into groups.
Projective Test
A psychological assessment tool where ambiguous stimuli, such as pictures or patterns, are presented to individuals to elicit responses that reveal aspects of their personality.
Situational Factors
External influences that can affect an individual's behavior, decisions, or performance in a given environment.
Achievement Behaviour
Actions directed towards the attainment of goals, success, or accomplishments, often motivated by personal or societal standards.
Q4: On January 1, 2018, Fascom had the
Q40: All changes in estimate are accounted for
Q53: Which of the following would never require
Q58: On December 31, 2017, Rebel Corporation's
Q76: In its first four years of operations
Q87: The following is an incomplete pension spreadsheet
Q130: On January 1, Jim Shorts Corporation issued
Q130: Issued stock refers to the number of
Q137: An employer reports the components of
Q205: Assume that all compensation expense from