Garcia Company Began 2010 with Net Assets of $80, 000

Multiple Choice

Garcia Company began 2010 with net assets of $80, 000.Net income calculated by using the capital maintenance concept was $21, 000.During 2010 owners contributed $26, 000 of new capital.By year-end, the net assets totaled $78, 000.Dividends to the owners during 2010 were

A) $49, 000
B) $28, 000
C) $23, 000
D) $ 2, 000