Atkins amp; Associates had the following information available at the end of December:

25. Atkins & Associates had the following information available at the end of December: Revenue 380,000 Cash received from customers 6,000 Cost of goods sold 44,000 Rent expense 44,000 Inventory 6,000 Accounts receivable 38,000 Wage expense 20,000 Advertising expense 40,000 Cash paid out for operations 24,000 What amount should be reported for net income (loss) for the year?