The assets and liabilities of So Service at December 31, 2012, the end of the current year, and its revenue and expenses for the year are listed below. The amount of capital of the owner. A Southern, was $87,000 at December 31, 2012 the end of the current year after the statement of owners equity was prepared. Using the information below determine the amount of net income or (net loss) for the year ended December 31, 2012