The balance of stockholders' equity at the beginning of the year and the end of the year was $50,000 and $60,000, respectively. The company issued no common stock during the year. Dividends were $24,000. What was the net income or loss for the year? O A. Net income of $34,000 OB. Net loss of $84,000 O C. Net loss of $34,000 OD. Net income of $84,000