For a Given Year,beginning and Ending Total Liabilities Were $18,000

Multiple Choice

For a given year,beginning and ending total liabilities were $18,000 and $20,400,respectively.At year-end,owners' equity was $40,200 and total assets were $4,000 larger than at the beginning of the year.If new capital stock issued exceeded dividends by $4,800,net income (loss) for the year was apparently

A) $(3,200) .
B) $(4,000) .
C) $800.
D) $3,200.