31).

The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,369 Accounts Receivable 2,925 Prepaid Expenses 662 Equipment 14,989 Accumulated Depreciation 6,641 Accounts Payable 1,654 Notes Payable 4,490 Common Stock 1,000 Retained Earnings 6,809 Dividends 652 Fees Earned 8,826 Wages Expense 3,325 Rent Expense 750 Utilities Expense 443 Depreciation Expense 204 Miscellaneous Expense 101 Totals 29,420 29,420 Determine the net income (loss) for the period. Oa. Net income $3,351 Ob. Net loss $3,351 Oc. Net loss $4,003 Od. Net income $4,003