Blue Water Kayak began operations on January 1, 2022. The owner invested $20,000 during the first year and was able to withdraw cash of $57,000 after a successful first year. During 2023, the second year of operations, the business reported profit of $185,000, owner withdrawals of $83,000, and no owner investments. In 2024 the third year, Blue Water Kayak incurred a loss of $6,000. The owner made no withdrawals and no owner investments during this period. At the end of 2024, owners capital was $130,000. Required: Calculate the profit or loss for 2022.