At the beginning of the current fiscal year, the balance sheet of Hughey Inc. showed stockholders' equity of $521,000. During the year, liabilities increased by $30,000 to $229,000; paid-in capital increased by $33,000 to $172,000; and assets increased by $257,000. Dividends declared and paid during the year were $54,000. 1.11 points Required: Calculate net income or loss for the year. (Amounts to be deducted should be indicated with a minus sign.) Skipped Stockholders' Equity eBook Assets Liabilities PIC + RE Beginning $521,000 SE + Hint Changes 257,000 = 30,000 + + 33,000 + Print References Ending = $ 229,000 + $ 172,000 + TTTTTTTTTTTT T TTTTTTTTTTTTTTTT T TTTTT