TIMED TEST!!! pls help

ABC Company ended Year 1 with the following account balances: Cash $590, Common Stock $420, and Retained Earnings $210. The following transactions occurred during Year 2: - Issued common stock for $17,700 cash. - ABC borrowed an additional $10,200 from Chris Bank. - ABC earned $8,700 of revenue on account. - ABC incurred $4,300 of operating expenses on account. - Cash collections of accounts receivables were $6,200. - ABC provided additional services to customers for $1,100 cash. - ABC purchased land for $14,800. - ABC used $3,400 in cash to make a partial payment on its accounts payable. - ABC declared and paid a $240 dividend to the stockholders. - On December 31ABC had accrued salaries of $4,200. What is the amount of net income (loss) reported on the December 31 , Year 2 income statement? Multiple Choice $1,300 None of these answer choices is correct. $6,440 $5,600 $5,360