00:49:23 A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Assets Beginning of the year End of the year $ 68,500 Liabilities $ 29,500 124,500 60,500 If the owner withdrew $850 cash per month for personal use and Invested an additional $25,000 cash The net income earned or net loss Incurred by the business during the year is: (If the answer is a net loss, It should be indicated with a minus sign.)