Blue Water Kayak began operations on January 1, 2019. The owner invested $16,000 during the first year and was able to withdraw cash of $51,000 after a successful first year. During 2020, the second year of operations, the business reported profit of $181,000, owner withdrawals of $81,000, and no owner investments. In 2021, the third year, Blue Water Kayak incurred a loss of $5,600. The owner made no withdrawals and no owner investments during this period. At the end of 2021, owners capital was $126,000. Required: Calculate the profit or loss for 2019.