Use the Following Information to Answer

Use the following information to answer:
The Williams Model Aircraft Repair Shop started the year with total assets of $180,000, total liabilities of $120,000, and retained earnings of $54,000. During the year, the business recorded $300,000 in repair revenues, $210,000 in expenses, and the company paid dividends of $45,000.
-The net income reported by The Williams Model Aircraft Repair Shop for the year was:

A) $ 90,000
B) $ 540,000
C) $ 120,000
D) $ 150,000
E) None of the above