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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,392 Accounts Receivable 2,126 672 15,652 Prepaid

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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,392 Accounts Receivable 2,126 672 15,652 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable 2,800 1,695 Common Stock 5,298 1,000 12,016 Retained Earnings Dividends 925 Fees Earned 7,073 2,692 744 Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 346 268 65 Totals 29,882 29,882 Determine the net income (loss) for the period. Oa. Net income $2,033 Ob. Net loss $2,033 c. Net loss $2,958 Od. Net income $2,958

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