The Balance of Owner's Equity at the Beginning of the Year

The balance of owner's equity at the beginning of the year and the end of the year was $40,000 and $63,000,respectively.The company received no new contributions during the year.Owner's withdrawals were $20,000.What was the net income or loss for the year?

A) net income of $83,000
B) net loss of $83,000
C) net loss of $43,000
D) net income of $43,000