$6,030 2,100 700 13,700 Adjusted Trial Balance For the Year ended December 31, 2016 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Capital Stock Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals $ 1,100 1,900 4,200 12,940 790 8,750 2,500 1,960 775 250 85 $28,890 $28.890 I Determine the net income (loss) for the period. a. Net Loss $5,570 b. Net Income $3,180 c. Net Loss $790 d. Net Income $2,390