Use the adjusted trial balance for Stockton Company to answer the question that follows. Credit Balances Stockton Company Adjusted Trial Balance December 31 Account No. Debit Balances 116 ,530 12 2,100 13 700 13,700 1,100 1,900 4,300 12,940 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Bob Steely, Capital Bob Steely, Drawing Fees Eamed Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals 790 9,250 52 2,500 1,960 775 250 185 29,490 54 59 29,490 Use the adjusted trial balance for Stockton Company. Determine the net income (loss) for the period. Oa. Net loss is $5,670. Ob. Net income is $3,580. Oc. Net loss is $790. Od. Net income is $9,250