What was the net income, The prior year's retained earnings

What was the net income

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Reference no: EM131896843

Statement of Stockholders' Equity

Computer World Inc. paid out $19.9 million in total common dividends and reported $106.7 million of retained earnings at year-end. The prior year's retained earnings were $81.1 million. What was the net income? Assume that all dividends declared were actually paid. Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary

Reference no: EM131896843

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