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A company completed the following transactions during the month of October: I.Purchased office supplies on account, $4400. II.Provided services for cash, $22,000. III.Provided services on

A company completed the following transactions during the month of October:

I.Purchased office supplies on account, $4400.

II.Provided services for cash, $22,000.

III.Provided services on account, $13,000.

IV.Collected cash from a customer on account, $8800.

V.Paid the monthly rent of $16,000.

What was the company's net income for the month?

$13,000
$51,000
$19,000
$35,000

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