15 please solve

Accounting Equation 15. Given this information for the year: Increase in assets 4 7 16 6 Decrease in Liabilities Increase in Contributed Capital Dividends Declared and Paid Net Income or Loss for the year was: A) $1 Income B) $21 Income C) $7 Loss D) $11 Loss E) %21 Loss During the year, a firm reported an increase in asset $196,700, expenses were $131,800, and dividends common stock was issued. No other equity transact liabilities for the year? 16. 43.600