The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash Accounts Receivable 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 7,530 2,100 700 13,700 790 Determine the net income (loss) for the period. O a. net loss $5,670 b. net loss $790 c. net income $9,250 O d. net income $3,580 2,500 1,960 775 250 185 30,490 1,100 1,900 4,300 1,000 12,940 9,250 30,490

The following is the adjusted trial balance for Stockton Company. Determine the net income (loss) for the period. a. net loss $5,670 b. net loss $790 c. net income $9,250 d. net income $3,580