The Balance of Stockholders' Equity at the Beginning of the Year

The balance of stockholders' equity at the beginning of the year and the end of the year was $50,000 and $60,000, respectively. The company issued no common stock during the year. Dividends were $24,000. What was the net income or loss for the year?

A) Net income of $84,000
B) Net loss of $84,000
C) Net loss of $34,000
D) Net income of $34,000