Purpleberry, Inc.'s, trial balance follows: EEE Click the icon to view the trial balance.) Read the requirements 1. Compute the total assets for the business. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Account Amount Total assets 2. Compute the total liabilities for the business. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Account Amount Total liabilities 3. Select the labels and compute the net income or net loss during December. (Use parentheses or a minus sign when entering a net loss.) Net income (net loss) i Requirements Compute these amounts for the business 1. Total assets 2. Total liabilities 3. Net income or net loss during December Data Table Purpleberry, Inc. Trial Balance December 31, 2018 Balance Debit Account Title Cash Accounts receivable Supplies Land Equipment Accounts payable Note payable Common stock Retained earnings Service revenue Salary expense Rent expense Utilities expense Total Credit 4,500 28,000 5,000 45,000 19,000 $ 39,000 22,000 12,000 11,000 56,000 27,000 10,000 1,500 $ 140,000 S 140,000