Dex Co. is a nonpublic company that began operations on January 1, Year 3. Dex decided to prepare cash-basis financial statements. On the first day of operations, Dex paid $24,000 upfront for a two-year lease for office space. Dex also incurred $25,000 in salary expense for its employee in Year 3, including $21,000 paid and $4,000 accrued as of December 31, Year 3. During Year 3, Dex recorded $50,000 of total sales revenue, which includes $20,000 of sales recorded on credit. What is the company's Year 3 cash- basis income/loss from operations?