The Good Word Store reported the following figures, note the companys fiscal year ends on January 31 each year:

Retained Earnings, January 31, 2014.........................$20,000,000

Retained Earnings, January 31, 2015.........................$15,000,000

Dividends declared for the fiscal year ending January 31, 2015 are $1 million.

What is the net income or net loss for the fiscal year ending January 31, 2015?