During 2013, Moore Corporation paid $14,000 of dividends. Moore's assets, liabilities, and common stock at the end of 2012 and 2013 were:

Question

12/31/2012
Total Assets:$144,200
Total Liabilities:$52,600
Common Stock:$60,000

12/31/2013
Total Assets:$178,500
Total Liabilities:$59,700
Common Stock:$60,000

Using the information provided, compute Moore's net income for 2013.

Answer 1

No idea