On April 1, Julie Spengel established Spengels Travel Agency. The following transactions were completed during the month.

1.		Invested $16,000 cash to start the agency.
2.		Paid $700 cash for April office rent.
3.		Purchased equipment for $3,400 cash.
4.		Incurred $800 of advertising costs in the Chicago Tribune, on account.
5.		Paid $600 cash for office supplies.
6.		Performed services worth $10,000: $3,200 cash is received from customers, and the balance of $6,800 is billed to customers on account.
7.		Withdrew $600 cash for personal use.
8.		Paid Chicago Tribune $600 of the amount due in transaction (4).
9.		Paid employees' salaries $2,600.
10.		Received $3,800 in cash from customers who have previously been billed in transaction (6). Complete the tabular analysis of the transactions. from an analysis of the owners equity columns, compute the net income or net loss for April.