Prepare the income statement of Post Weed Garden Supply, Inc., for the year ended December 31, 2018

The assets and liabilities of Post Weed Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows:

	Equipment. . . . . . . . . . .	$111,000	Land. . . . . . . . . . . . . . . . .	$30,000
	Interest expense. . . . . .	10,800	Note payable. . . . . . . . . .	99,900
	Interest payable. . . . . . .	3,300	Property tax expense. . .	7,200
	Accounts payable. . . . .	28,000	Rent expense. . . . . . . . .	40,200
	Salary expense. . . . . . .	109,000	Accounts receivable. . . .	84,200
	Building. . . . . . . . . . . . .	410,000	Service revenue. . . . . . .	459,600
	Cash. . . . . . . . . . . . . .	46,000	Supplies. . . . . . . . . . . . . .	6,900
	Common stock. . . . . . . .	17,600	Utilities expense. . . . . . .	9,000

Beginning retained earnings was $363,900, and dividends declared and paid totaled$ $108,000for the year.

What is the net income loss? _______