At the beginning of the current fiscal year, the balance sheet of Curts incrcased by of $433,000. During the year, liabilities decreased by $77,000, assets paid-in capital increased by $10,000 to $383,000. Dividends declared an were $126,000. At the end of the year, stockholders' equity totaled Co. showed liabilities during the year and paid Required: Calculate net income or loss for the year