For a Given Year,beginning and Ending Total Liabilities Were $8,400

Multiple Choice

For a given year,beginning and ending total liabilities were $8,400 and $10,000,respectively.At year-end,owners' equity was $26,000 and total assets were $2,000 larger than at the beginning of the year.If new capital stock issued exceeded dividends by $2,400,net income (loss) for the year was apparently

A) ($2,800) .
B) ($2,000) .
C) $400.
D) $2,800.