The December 31, 2024, adjusted trial balance for Microsoft was as follows: Account Title Accounts payable Accounts receivable Accumulated depreciation Common stock Cash Cost of goods sold Debit Credit $ 104,000 $ 184,000 40,000 494,000 274,000 504,000 Depreciation expense 74,000 Equipment 728,000 Interest expense 4,000 Inventory 164,000 Note payable (due in six months) 74,000 Rent expense 44,000 Retained earnings 76,000 Salaries payable 22,000 Sales revenue 812,000 Salaries expense 134,000 Totals $ 1,866,000 $ 1,866,000 Required: Assuming no income taxes, compute Microsoft's 2024 net income (or loss). Note: Loss amount should be indicated with a minus sign. Net income (or loss)