Crystal Lodging Recorded $330,000 in Revenues,$247,500 in Expenses,and $45,000 of Dividends

Crystal Lodging recorded $330,000 in revenues,$247,500 in expenses,and $45,000 of dividends for the year.The company began the year with total assets of $285,000 and stockholder's equity of $130,500. What net income (loss) was reported by Crystal Lodging for the year?

A) $37,500
B) $94,500
C) $82,500
D) $49,500