ABC Company ended Year 1 with the following account balances: Cash $640, Common Stock $470, and Retained Earnings $270. The following transactions occurred during Year 2: - Issued common stock for $18,400 cash. - ABC borrowed an additional $10,700 from Chris Bank. - ABC earned $7,700 of revenue on account. - ABC incurred $3,200 of operating expenses on account. - Cash collections of accounts receivables were $7,700. - ABC provided additional services to customers for $1,000 cash. - ABC purchased land for $13,400. - ABC used $3,800 in cash to make a partial payment on its accounts payable. - ABC declared and paid a $210 dividend to the stockholders. - On December 31ABC had accrued salaries of $4,300. What is the amount of net income (loss) reported on the December 31, Year 2 income statement