Stosch Company's balance sheet reported assets of $117,000, liabilities of $30,000 and common stock of $27,000 as of December 31, Year 1. If Retained Earnings on the balance sheet as of December 31, Year 2, amount to $78,000 and Stosch paid a $29,000 dividend during Year 2, then the amount of net income for Year 2 was which of the following? a. $47,000
b. $60,000 $
c. 29,000
d. $18,000

See below

Explanation:

With regards to the following, recall that;

Retained earning at end = Beginning retained earning + Net income - dividend earned

$78,000 = Net income - $29,000

Net income = $78,000 + $29,000

Net income = $107,000

Therefore, the net income for year 2 would be $107,000

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.