Application Problem 6-13A Johnstone Inc. had a net loss of $84,600 prior to the following transactions: The company wrote off accounts of customers owing $35,500. The company recovered $8,800 in receivables from customers whose accounts had previously been written off. The company recorded bad debts expense of $46,500 based on an aging of its receivables. What would Johnstone's net income (or loss) be after these transactions? (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) Net income (loss) $