Stockton Company Adjusted Trial Balance December 31 1,100 1,900 4,300 1,000 12,940 Cash 7,530 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends 790 Fees Earned Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 185 Totals 30,490 Determine the net income (loss) for the period. a. net loss 5790 9,250 30,490