Blue Water Kayak began operations on January 1 2019. The owner invested 512.000 during the first year and was able to withdraw cash of $45,000 after a successful first year. During 2020, me second year of operations, the business reported profit of $177000, owner withdrawal of 579000, and no owner investments In 2021. the third year. Blue Water Kayak incurred a loss of $5,200. The owner made no withdrawals and no owner investim during this period At the end of 2021, owner's capital was 5122,000. Required: Calculate the profit or loss for 2019