After all of the account balances have been extended to the Income statement columns of the worksheet, the totals of the debit and credit columns are $20,303 and $27,586, respectively. What is the amount of the net income or net loss for the period? a. $7, 283 net income b. $20, 303 net income c. $7, 283 net loss d. $27, 586 net loss
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