The Balance of Stockholders' Equity at the Beginning of the Year

The balance of stockholders' equity at the beginning of the year and the end of the year was $50,000 and $67,000,respectively.The company issued no common stock during the year.Dividends were $23,000.What was the net income or loss for the year?

A) net income of $90,000
B) net loss of $90,000
C) net loss of $40,000
D) net income of $40,000