7000 3,000 5,000 LAKE CORPORATION ADJUSTED TRIAL BALANCE DECEMBER 31 Cash $15,000 Accounts Receivable Supplies Prepaid Insurance quipment 24,000 Accumulated Depreciation Equipment Accounts Payable Common Stock Retained Earnings at 1/1 Dividends 8,000 Commission Revenue Depreciation Expense, Equipment 2,000 Wages Expense 14,000 Insurance Expense 4000 $82,000 $ 6,000 12,000 44,000 10,000 10,000 $82,000 The amount of net income (or net loss) during the period is: Select one: a $10,000 net loss b. $18,000 net loss c. $9,000 net income od. $14,000 net income e. $16,000 net income MacBook Air