At the beginning of the current fiscal year, the balance sheet of Hughey Incorporated showed stockholders' equity of $$514,000.$ During the year, liabilities increased by $$24,000$ to $$234,000,$ paid$-$in capital increased by $$34,000$ to $$180,000,$ and assets increased by $$257,000.$ Dividends declared and paid during the year were $$59,000.$ Calculate net income or loss for the year.

Amounts to be deducted should be indicated with a minus sign.$\backslash$table$[[,$Assets,$=,$Liabilities,$+,$Stockholders' Equity,$],[,$PIC,$+,$RE$,],[$Beginning$,,=,,+,,+,,$$$514,000$ SE$],[$Changes$,257,000,=,24,000,+,34,000,+,,],[$Changes$,,,,,,,,],[$Ending$,,=,$$$234,000,+,$$$180,000,+,,]]$