The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,468 Accounts Receivable 2,359 Prepaid Expenses 642 Equipment 14,467 Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends 834 Fees Earned Wages Expense 2,519 Rent Expense 722 Utilities Expense 498 Depreciation Expense 215 Miscellaneous Expense 93 Totals 28,817 3,988 1,794 5,458 1,000 8,169 8,408 28,817 Determine the net income (loss) for the period 5,458 1,000 8,169 834 8,408 2,519 722 498 Notes Payable Common Stock Retained Earnings Dividends Fees Eamed Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals Determine the net income (loss) for the period. a Net income 53,527 Ob. Net loss 53,527 c. Netloss 54,361 d. Net income $4,361 215 93 28,817 28,817