Use the adjusted trial balance for Stockton Company to answer the question that follows.

Stockton Company

Adjusted Trial Balance

December $31$

Line Item Description Amount Amount

Cash $6,701$

Accounts Receivable $2,823$

Prepaid Expenses $647$

Equipment $14,613$

Accumulated Depreciation $4,524$

Accounts Payable $1,762$

Notes Payable $4,779$

Common Stock $1,000$

Retained Earnings $11,618$

Dividends $795$

Fees Earned $6,061$

Wages Expense $2,709$

Rent Expense $856$

Utilities Expense $334$

Depreciation Expense $204$

Miscellaneous Expense $62$

Total $29,74429,744$

Determine the net income $($loss$)$ for the period.

a$.$ net income $$1,101$

b$.$ net loss $$1,101$

c$.$ net loss $$1,896$

d$.$ net income $$1,896$