The following is the adjusted trial balance for Stockton Company.

Stockton Company Adjusted Trial Balance December 31
Cash	6,063
Accounts Receivable	2,192
Prepaid Expenses	675
Equipment	15,710
Accumulated Depreciation		6,147
Accounts Payable		1,652
Notes Payable		4,023
Common Stock		1,000
Retained Earnings		9,333
Dividends	904
Fees Earned		7,479
Wages Expense	2,747
Rent Expense	744
Utilities Expense	338
Depreciation Expense	184
Miscellaneous Expense	77
Totals	29,634	29,634

Determine the net income (loss) for the period.

a.Net income $2,485

b.Net loss $2,485

c.Net loss $3,389

d.Net income $3,389