For this case, the first thing we must do is define a reference system.
Suppose that the positive direction of the reference system is upward.
We have that the sum of forces in the vertical axis is given by:
Fy = Fp - Fg
Substituting values:
Fy = 5500 - 6000
Fy = - 500
The negative sign means that the direction of the force with respect to the defined coordinate system is downward.
Answer:
The net force is:
↓ 500N
