(This is аn exаmple оf thаt lоng wоrksheet you had to do for your homework problem. How did I show you to balance the final totals to determine the worksheet?) Hint: Keep in mind your final amount of Revenues vs Expenses and Assets vs Liability 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