Annapolis Corporation's trial balance included debits to expense accounts of $165,000, credits to revenue accounts of $159,000, and debits to the Dividends account of $50,000. Based on this information, what is the amount of the company's net income or loss. Enter a loss as a negative number.

Baltimore Company reports total assets and total liabilities of $261,000 and $95,000, respectively, at the conclusion, of its first year of business. The company earned $85,500 during the first year, and distributed $28,000 to shareholders as dividends. How much did shareholders initially invest in the business?