1. Charlie's Chocolates' stockholders made investments of $58,000 and received dividends of $24,000. The company has revenues of $91,000 and expenses of $68,000. Calculate its net income.
2. Charlie’s Chocolates’ stockholders made investments of $50,000 and received dividends of $20,000. The company has revenues of $83,000 and expenses of $64,000. Calculate its net income.