The following is the adjusted trial balance for Stockton Company.

Stockton Company Adjusted Trial Balance December 31
Cash	6,854
Accounts Receivable	2,807
Prepaid Expenses	702
Equipment	13,785
Accumulated Depreciation		6,437
Accounts Payable		1,589
Notes Payable		5,986
Common Stock		1,000
Retained Earnings		8,334
Dividends	670
Fees Earned		6,192
Wages Expense	3,352
Rent Expense	722
Utilities Expense	385
Depreciation Expense	182
Miscellaneous Expense	79
Totals	29,538	29,538

Determine the net income (loss) for the period.

a.Net income $802

b.Net loss $802

c.Net loss $1,472

d.Net income $1,472