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4 For each scenario, calculate the net income/loss, identify if it is net income or loss, and finalize the totals for the Income Statement and Balance Sheet columns. SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Adjustments Adjusted Trial Balance Income Statement Balance Sheet Balance Account Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Names Total 59,500 59,500 5,700 5,700 59,500 59,500 16,000 20,800 43,500 38,700 Total SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Adjusted Trial Balance Income Statement Balance Sheet Balance Adjustments Account Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Names Total 44,700 44,700 8,200 8,200 54,000 54,000 39,500 35,100 14,500 18,900 Total