Use this selection for the next five questions: Net Income A. Increase B. Decrease C. No Effect C.V January 11: New shareholders contribute $10,000 to the corporation in exchange for stock. B.V January 14: SER pays employees $3,000 for work during the first 2 weeks of January January 23: A repairman fixes the copy machine and leaves a bill for $210. The bill will be paid in February C. January 31: SER records its monthly depreciation expense of $350 on the equipment B. v January 31: SER pays the rent for February of $750. Remember this is still January