Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $908,100 and liabilities of $267,845. During Year 2, Marson invested an additional $28,658 and withdrew $25,871 from the business. What is the amount of net income during Year 2, assuming that as of December 31, Year 2, assets were $980,279 and liabilities were $233,892?
a. $33,953.
b. $103,345.
c. $25,871.
d. $72,179.
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