A sole proprietorship had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $ 69,000 119 000 Liabilities $ 29.580 48.195 If the owner withdrew $950 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.)