Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Revenue on account amounted to $6,400. Cash collections of accounts receivable amounted to $4,100. Expenses for the period were $3,300. The company paid dividends of $1,050. What was the amount of net income for the period?
a. $3,050
b. $2,050
c. $3,100
d. $800