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 Determine the net income (loss) for the period. a. Net income $2,228 b. Net loss $2,228 Oc. Net loss $3,097 Od. Net income $3,097 5,866 2,902 738 13,968 11,468 1,655 4,764 1,000 2,359 869 7,172 2,641 791 330 196 117 28,418 28,418