During 2018,Bascom Bakery Paid Out $33,525 of Common Dividends

During 2018,Bascom Bakery paid out $33,525 of common dividends.It ended the year with $187,500 of retained earnings versus the prior year's retained earnings of $159,600.How much net income did the firm earn during the year?

A) $55,897
B) $49,140
C) $47,297
D) $61,425
E) $63,882