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The following is the adjusted trial balance for Stockton Company Stockton Company Adjusted Trial Balance December 31 Cash 5,507 Accounts Receivable 2,012 Prepaid Expenses 665

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The following is the adjusted trial balance for Stockton Company Stockton Company Adjusted Trial Balance December 31 Cash 5,507 Accounts Receivable 2,012 Prepaid Expenses 665 Equipment 14,349 Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends 901 Fees Earned Wages Expense 2,949 Rent Expense Utilities Expense 328 Depreciation Expense 220 Miscellaneous Expense 90 Totals 27,864 2,536 1,424 4,471 1,000 11,267 7,166 843 27,864 Determine the net income (loss) for the period. a. Net income $1.835

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