Use the following information to answer questions 13 and 14: The Boucher Company was started by a group of investors on Jan. 1, 20X1 when the balance sheet was made up of total assets of $10,000 and total liabilities of $8,000. Partial financial data for the first year of operations is as follows: 20X1 $18,000 Total assets (12/31) Total liabilities (12/31) 9,000 Additional investments by owners 4,000 Cash dividends declared and paid 3,000 Question 13 What was the net income (loss) for the year 20X1? $2,000 $3,000 $4,000 $5,000 $6,000 Question 14 What was the retained earnings balance (deficit) on 12 ($3,000) ($2.000) (51.000 $2,000 $3.000