This is Sam's first month operating his dry cleaning service. His adjusted trial balance showed a $5,000 balance in his capital account and a $450 balance in his drawings account. He also secured a bank loan for $10,000 to purchase some used equipment. If Sam's owner's equity balance at the end of the first month was a negative amount, we could say that

Sam's net loss was greater than $15,450.

Sam's net income was less than $4,550.

the adjusted trial balance was not balanced.

Sam's net loss was greater than $4,550.