The changes in account balances for Elder Company for 2018 are as follows: 
Assuming the only changes in retained earnings in 2018 were for net income and a $50,000 dividend, what was net income for 2018?
Definitions:
Demand Curves
A graph representing the relationship between the quantity of a good consumers are willing and able to purchase and its price.
Industry
A sector of the economy that produces goods, services, or related products, categorized by their business activities.
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