At the beginning of the year, Company ABC reported total liabilities of 356,30. At the end of year, the company reported total liabilities of $ 394,400 . Total assets at the end of the year were $67,000 larger than at the beginning of the year . Assuming that during the year the company (a) did not issue any additional stock , (b ) did not purchase any Treasury Stock , and (c) declared and paid an $8,500 dividend. what was net income (loss) for the year