18)

Stockton Company Adjusted Trial Balance December 31
Cash	6,242
Accounts Receivable	2,739
Prepaid Expenses	602
Equipment	13,982
Accumulated Depreciation		3,652
Accounts Payable		1,406
Notes Payable		5,993
Common Stock		1,000
Retained Earnings		8,937
Dividends	712
Fees Earned		7,207
Wages Expense	2,407
Rent Expense	780
Utilities Expense	433
Depreciation Expense	245
Miscellaneous Expense	53
	28,195	28,195

Determine the net income (loss) for the period.

a.net income $2,577

b.net loss $2,577

c.net loss $3,289

d.net income $3,289