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2 5 points 01:18:00 Saved Jeff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred: 1.
2 5 points 01:18:00 Saved Jeff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred: 1. Jackson invested $42,000 cash in the business. 2. Jackson contributed $117,000 of equipment to the business. 3. The company paid $3,700 cash to rent office space for the month of March. 4. The company received $33,000 cash for repair services provided during March. 5. The company paid $7,900 for salaries for the month of March. 6. The company provided $4,700 of services to customers on account. 7. The company paid cash of $2.200 for utilities for the month of March. 8. The company received $4,800 cash in advance from a customer for repair services to be provided in April. 9. Jackson withdrew $6,700 for his personal use from the company. Based on this information, net income for March would be
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