Calculator 640 14,680 7,986 1,478 5,633 1,000 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 7,117 6,443 2,688 792 Totals 29,657 29,657 Determine the net income (loss) for the period. a. Net income $1,382 b. Net loss $1,382 c. Net loss $2,232 d. Net income $2,232