If Shirley Vickers, capital had instead decreased $33,000 after the closing entries were posted, and the owner withdrawals remained the same, what would have been the amount of net income or net loss?

Closing Entries

Service Fees (Debit) 707150

Rent Revenue (Debit) 11400

Salaries Expense (Credit) 522100

Rent Expense (Credit) 45600

Supplies Expense (Credit) 10800

Depreciation Expense-Building (Credit) 7200

Utilities Expense (Credit) 7150

Repairs Expense (Credit) 2700

Insurance Expense (Credit) 2500

Misc Expense (Credit) 5600

Shirley Vickers, Capital (Credit) 114900

Shirley Vickers Capital (Debit) 11400

Shirley Vickers Drawing (Credit) 11400

Would you take the Shirley Vickers Capital of 11400 and subtract the decreased capital amount of 33000 and the Net Loss would then be (21600)?