The December $31,$ Year $4,$ balance sheet for Deen Company showed total stockholders' equily of $$75,000.$ Total stockholders' equity increased by $$26,400$ between December $31,$ Year $4,$ and December $31,$ Year $5.$ During Year $5,$ Deen Company acquired $$10,000$ cash from the issue of common stock. The Company paid a $$3,000$ cash dividend to the stockholders during Year $5.$

Required

Determine the amount of net income or loss Deen reported on Its Year $5$ income statement. $($Hint: Remember that stock issues, net income, and dividends all change total stockholders' equity.$)$