Gatto production services started the year with total assets of $ 120 comma 000 and total liabilities of $ 45 comma 000. the revenues and the expenses for the year amounted to $ 110 comma 000 and $ 60 comma 000, respectively. during the year, the company did not issue any common stock, but it distributed dividends of $ 70 comma 000. calculate gatto's net income for the year.

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.