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Stockton Company Adjusted Trial Balance December 31 Cash 5,998 2,721 621 15,072 Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation counts Payable Notes Payable Common Stock

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Stockton Company Adjusted Trial Balance December 31 Cash 5,998 2,721 621 15,072 Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation counts Payable Notes Payable Common Stock Retained Earnings Dividends 2,448 1,738 5,033 1,000 11,750 713 Fees Earned 7,458 Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 2,628 894 499 158 123 Totals 29,427 29,427 Determine the net income (loss) for the period. Oa. Net income $2,443 Ob. Net loss $2,443 Oc. Net loss $3,156 Od. Net income $3,156

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