The income statement for the year 2016 of Bugati Co. contains the following information: Revenues $73,000 Expenses: Salaries and Wages Expense ion Rent Expense Advertising Expense Supplies Expense Utilities Expense Insurance Expense Total expenses Net income (loss) $43,000 12,000 11,000 6,000 3,500 4,000 79,500 $(6.500) After the revenue and expense accounts have been closed, the balance in Income Summary will be