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

Line Item Description	Amount	Amount
Cash	6,340
Accounts Receivable	2,318
Prepaid Expenses	716
Equipment	13,810
Accumulated Depreciation		2,563
Accounts Payable		1,431
Notes Payable		5,962
Common Stock		1,000
Retained Earnings		9,928
Dividends	675
Fees Earned		7,353
Wages Expense	2,841
Rent Expense	866
Utilities Expense	380
Depreciation Expense	207
Miscellaneous Expense	84
Total	28,237	28,237

Determine the net income (loss) for the period.

a. net income $2,300

b. net loss $2,300

c. net loss $2,975

d. net income $2,975