Calculate net income (or loss) for A1 company considering the following facts: Jan 1: Total liabilities were $356,300 Dec 31: Total liabilities were $394,400 Dec 31: Total assets were $67,000 larger than at the beginning of the year No additional stock was issued during the year The company did not purchase any Treasury Stock during the year The company declared and paid an $8,500 dividend during the year Select one: Oa. $28,900 Ob. $37,400 Oc. $38,100 Od. $29,600