Of Various Columns from the Work Sheet Are Shown Below

Multiple Choice

of various columns from the work sheet are shown below. What is net income or loss?
$$\begin{array} { | l | l | l | l | } \hline \text { Income Statement } & & \text { Balance Sheet } & \\\hline \text { Debit } & \text { Credit } & \text { Debit } & \text { Credit } \\\hline \$ 6,800 & \$ 9,500 & \$ 7,400 & \$ 4,700 \\\hline\end{array}$$

A) Net loss of $6,800
B) Net loss of $2,700
C) Net income of $4,700
D) Net income of $2,700