Beginning and Ending Inventories for Webster's Books Are $9,000 and $6,000,respectively.The

Multiple Choice

Beginning and ending inventories for Webster's Books are $9,000 and $6,000,respectively.The debit amounts (not including Income Summary) in the income statement columns of the worksheet total $14,000,and the credit amounts (not including Income Summary) total $15,500.The firm has a:

A) net income of $1,500.
B) net loss of $1,500.
C) net loss of $3,000.
D) net income of $3,000.