The income statement and balance sheet columns of Iron and Wine Company's worksheet reflect the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $72,000 $44,000 $60,000 $88,000 The net income (or loss) for the period is Group of answer choices $44,000 income. $28,000 income. not determinable. $28,000 loss.
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