Bershire's sales for the fiscal year ended March 31, 2020 were as follows: toothbrush sales $ 12,000, fees - cleaning $ 35,000, fees - restorations $ 130,000 and fees - endodontics $ 7,000. The salary expense was $ 148,000 and other expenses amounted to $ 55,000. What is Bershire's net profit or loss for the fiscal year ended March 31, 2020 (demonstrate your calculations)