The Transactions Carried Out by Melon Corporation During the Year

The transactions carried out by Melon Corporation during the year caused an increase in total assets of $50,000 and a decrease in total liabilities of $20,000.
If no additional investment was made by the investors during the year and dividends of $14,000 were paid, what was the net income for the year?

A) $106,000
B) $ 42,000
C) $ 84,000
D) $ 60,000
E) None of the above