Joe Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following...

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Joe Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books: 1. Jackson invested $41,000 cash in the business in exchange for common stock. 2. Jackson contributed $116,000 of equipment to the business. 3. The company paid $3,600 cash to rent office space for the month of March. 4. The company received $32,000 cash for repair services provided during March. 5. The company paid $7,800 for salaries for the month of March. 6. The company provided $4,600 of services to customers on account. 7. The company paid cash of $2,100 for utilities for the month of March. 8. The company received $4,700 cash in advance from a customer for repair services to be provided in April. 9. The company paid Jackson $6,600 cash as a dividend. Based on this information, net income for March would be: Joe Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books: 1. Jackson invested $41,000 cash in the business in exchange for common stock. 2. Jackson contributed $116,000 of equipment to the business. 3. The company paid $3,600 cash to rent office space for the month of March. 4. The company received $32,000 cash for repair services provided during March. 5. The company paid $7,800 for salaries for the month of March. 6. The company provided $4,600 of services to customers on account. 7. The company paid cash of $2,100 for utilities for the month of March. 8. The company received $4,700 cash in advance from a customer for repair services to be provided in April. 9. The company paid Jackson $6,600 cash as a dividend. Based on this information, net income for March would be:

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