The following is the adjusted trial balance for Stoc ton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,001 Accounts Receivable 2,294 Prepaid Expenses 700 Equipment 14,886 Accumulated Depreciation 5,029 Accounts Payable 1,477 Notes Payable 4,242 Common Stock 1,000 Retained Earnings 9,477 Dividends 723 Fees Earned 6,959 Wages Expense 2,233 Rent Expense 771 Utilities Expense 348 Depreciation Expense 153 Miscellaneous Expense 75 Totals 28,184 28,184 ACCOUNS Receivable 758 Prepaid Expenses 15,868 Equipment Accumulated Depreciation 10,8 Accounts Payable 1,60 Notes Payable 4,4 Common Stock 1,00 Retained Earnings 3,3 Dividends 853 Fees Earned 8,8 Wages Expense 2,832 896 Rent Expense Utilities Expense 358 Depreciation Expense 266 56 Miscellaneous Expense Totals 30,047 30,0 Determine the net income (loss) for the period. a. Net income $3,574 b. Net loss $3,574 c. Net loss $4,427 d. Net income $4,427