At the beginning of the year, Company ABC reported total liabilities of $185,300. At the end of the year, the company reported total liabilities of $220,400. Total assets at the end of the year were $43,000 larger than at the beginning of the year. Assuming that the company declared and paid a $3,100 dividend during the year, what was net income (loss) for the year? Select one: a. $11,000 b. $7,900 c. $177,400 d. $12,300