(Solved by Humans)-After all of the account balances have been extended to the
Question
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 $172,300 and $176,900, respectively. It can be concluded the company has a:
A) net loss of $14,600.
B) net income of $4,600.
C) net income of $176,900.
D) net loss of $176,900.
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