1.	Issued $6,200 of common stock to stockholders.
2.	Provided $2,600 of services on account.
3.	Paid $1,400 cash for operating expenses.
4.	Collected $1,900 of cash from accounts receivable.
5.	Paid a $100 cash dividend to stockholders.

rev: 03-04-2011

1.

Required information

The amount of net income recognized on Norris Company's 2011 income statement is:

$700.

$1,200.

$600.

$600.