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7,834 1,709 5,340 1,000 5,386 The following is the adjusted trial balance for Stockton Company Stockton Company Adjusted Trial Balance December 31 Cash 5,778 Accounts

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7,834 1,709 5,340 1,000 5,386 The following is the adjusted trial balance for Stockton Company Stockton Company Adjusted Trial Balance December 31 Cash 5,778 Accounts Receivable 2,036 Prepaid Expenses 719 Equipment 15,976 Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends 791 Fees Earned Wages Expense 2,694 Rent Expense 739 Utilities Expense 404 Depreciation Expense 241 Miscellaneous Expense 96 Totals 29,474 Determine the net income (loss) for the period. Oa. Net income 3,240 Ob. Net loss $3.240 Oc. Net loss 54,931 Od. Net income $4.031 8,205 29,474

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