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 $ 69,500 123,500 Llabilities $ 29,795 50,018 If the owner made no withdrawals during the year but did Invest an additional $45,000 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.)