The Skysong Company has recently established operations in a competitive market. Management has been aggressive in its attempt to establish market share. The price of the product was set at $5.50 per unit, well below that of the company's major competitors. Variable costs were $4.50 per unit, and total fixed costs were $1,042,100 during the first year. Your answer is correct. Assume that the firm was able to sell 941,100 units in the first year. What was the pretax earning (loss) for the year? (Show a loss preceded by a minus sign, e.g. -15,000 or (15,000).) Pretax earning (loss) +A $ -101000