-> Moving to another question will save this response. Question 7 The income statement and statement of financial position columns of Rood Company's workshoot reflect the following totals: Statement of Financial Position Dr. Cr Income Statement Dr. Cr. Totals $58,000 $45,000 The net income (or loss) for the period is $45,000 Income $34,000 $47,000 e $13,000 income e $13,000 loss. e not determinable