The equity sections from the 2017 and 2018 balance sheets of Fab-Form Industries Inc. appeared as follows: Fab-Form Industries Inc. Equity Section of the Balance Sheet December 31, 2017 Contributed capital: Common shares, unlimited shares authorized, 95,100 shares issued and outstanding Retained earnings 679,000 549,608 Total equity $1,228,608 Fab-Form Industries Inc. Equity Section of the Balance Sheet December 31, 2018 Contributed capital: Common shares, unlimited shares authorized, 113,400 shares issued and outstanding Retained earnings 818,080 450,600 Total equity $1,268,680 On March 16, June 15, September 5, and November 22, 2018, the board of directors declared $0.20 per share cash dividends on the outstanding common shares. On October 14, 2018, 18,300 additional common shares were issued Required: Under the assumption that there were no transactions affecting retained earnings other than the ones given, determine the 2018 profit (loss) of Fab- Form Industries Inc