Question: I need help with this financial accounting question using the proper accounting approach. After all account balances have been extended to the Income Statement columns

I need help with this financial accounting question using the proper accounting approach.

After all account balances have been extended to the Income Statement columns of the worksheet, the totals of the debit and credit columns are $65,000 and $72,000, respectively. What is the amount of the net income or net loss for the period

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