Stockton Company Adjusted Trial Balance December 31
Cash	5,387
Accounts Receivable	2,393
Prepaid Expenses	797
Equipment	14,224
Accumulated Depreciation		9,001
Accounts Payable		1,540
Notes Payable		4,135
Common Stock		1,000
Retained Earnings		5,191
Dividends	924
Fees Earned		6,741
Wages Expense	2,435
Rent Expense	793
Utilities Expense	326
Depreciation Expense	274
Miscellaneous Expense	55
Totals	27,608	27,608

Determine the net income (loss) for the period.

Net income $1,934

Net loss $1,934

Net loss $2,858

Net income $2,858