The equity sections from the 2020 and 2021 balance sheets of Fab-Form Industries Inc. appeared as follows: Fab-Form Industries Inc. Equity Section of the Balance Sheet Contributed capital: December 31, 2020 Common shares, unlimited shares authorized, 95,000 shares issued and outstanding Retained earnings Total equity $ 678,000 548,608 $1,226,608 Fab-Form Industries Inc. Equity Section of the Balance Sheet Contributed capital: December 31, 2021 Common shares, unlimited shares authorized, 113,200 shares issued and outstanding Retained earnings Total equity $ 816,320 449,600 $1,265,920 On March 16, June 15, September 5, and November 22, 2021, the board of directors declared $0.15 per share cash dividends on the outstanding common shares. On October 14, 2021, 18,200 additional common shares were issued. Required: Under the assumption that there were no transactions affecting retained earnings other than the ones given, determine the 2021 profit (loss) of Fab-Form Industries Inc.