Nixon Corp. had rental revenue of $$41,950.$ Expenses for the year ended December $31,20$Y$5,$ are as follows: Utilities Expense, $$6,000$; Salaries Expense, $$16,300$; Miscellaneous Expense, $$3,000$; and Rent Expense, $$14,450.$ What is the net income $($loss$)$ that should be reported on Nixon Corp.$\text{'}$s income statement for the year ended December $31,20$Y$5?$