Presented below are data for Higgins Industries.
Common stock values in the above table represent an increase in Common stock within the individual year. What was Higgins’ net income/loss in 2017? A :
$162 loss. B :
$488 loss. C :
$162 income. D :
$488 income. 2017 2016 $4,560 Assets, January 1 Liabilities, January 1 Stockholders' Equity, Jan. 1 Dividends Common Stock Stockholders' Equity, Dec. 31 Net Income 570 $2,7361 2,750 6461 650 2,266 684
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