How much net income or net loss did Stouse earn for the year ended January 31? How can you tell? (fill in the blank)

Stouse had a [insert answer here] of [insert answer here]. We know this because [insert answer here] exceeded [insert answer here] by this amount and this was the balance in [insert answer here] when it was closed.

Stouse Sign Company
Adjusted Trial Balance
January 31, 2016
	Balance
Account Title	Debit	Credit
Cash	$14,700
Office Supplies	2,500
Prepaid Rent	1,500
Equipment	45,000
Accumulated DepreciationEquipment		$7,000
Accounts Payable		4,700
Salaries Payable		400
Unearned Revenue		3,900
Notes Payable (long-term)		4,400
Stouse, Capital		32,600
Stouse, Withdrawals	900
Service Revenue		18,100
Salaries Expense	4,300
Rent Expense	1,100
Depreciation ExpenseEquipment	300
Supplies Expense	200
Utilities Expense	600
Total	$71,100	$71,100

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