Adjusted Trial Balance

December $31$

$\backslash$table$[[$Cash$,7,530,],[$Accounts Receivable,$2,100,],[$Prepaid Expenses,$700,],[$Equipment$,13,700,],[$Accumulated Depreciation,,$1,100],[$Accounts Payable,,$1,900],[$Notes Payable,,$4,300],[$Common Stock,,$1,000],[$Retained Earnings,,$12,940],[$Dividends$,790,],[$Fees Earned,,$9,250],[$Wages Expense,$2,500,],[$Rent Expense,$1,960,],[$Utilities Expense,$775,],[$Depreciation Expense,$250,],[$Miscellaneous Expense,$185,],[30,490,30,490]]$

Determine the net income $($loss$)$ for the period.

a$.$ net loss $$790$

b$.$ net income $$9,250$

c$.$ net income $$3,580$

d$.$ net loss $$5,670$