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Stockton Company Adjusted Trial Balance December 31 Cash Accounts Receivable 5,693 2,479 691 14,916 1,283 1,624 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable

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Stockton Company Adjusted Trial Balance December 31 Cash Accounts Receivable 5,693 2,479 691 14,916 1,283 1,624 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals 4,865 1,000 10,580 676 8,803 2,203 742 390 260 105 28,155 28,155 Determine the net income (loss) for the period. Oa. Net income $4,427 Ob. Net loss $4,427 Oc. Net loss 55,103 Od Net income S5.103

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