The December 31, 2018 (pre-closing) adjusted trial balance for Kline Enterprises was as follows:

Account Title	Debit			Credit
Accounts payable					110,000
Accounts receivable		190,000
Accumulated depreciation - equipment					280,000
Common stock					510,000
Cash		46,000
Cost of goods sold		500,000
Depreciation expense		80,000
Equipment		740,000
Interest expense		4,000
Inventory		170,000
Note payable (due in six months)					80,000
Rent expense		50,000
Retained earnings					82,000
Salaries and wages payable					28,000
Sales revenue					830,000
Salaries expense		140,000
Totals		1,920,000			1,920,000

Required: Assuming no income taxes, compute the Kline's 2018 net income (or loss)