Company Oak started operations on March 1, 2019 and a summary of some of the financial information for March 2019 follows: Wages expenses $396,144 Miscellaneous expenses $36,290 Rent expense $68,170 Accounts payable $2,465 Utilities expense $4,082 Dividends $1,500 Fees earned $572,320 $3,282 Supplies expense Calculate the net income or net loss and indicate if it is income or a loss.