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The income statement and statement of financial position columns of Pint of Ale Companys worksheet reflect the following totals: Income Statement Statement of Financial Position

The income statement and statement of financial position columns of Pint of Ale Companys worksheet reflect the following totals: Income Statement Statement of Financial Position Dr. Cr. Dr. Cr. Totals 75,000 51,000 60,000 84,000 The net income (or loss) for the period is a. 51,000 income. b. 24,000 income. c. 24,000 loss. d. not determinable

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