At the end of the first month of operations for Jackson's Catering Services, the business had the following accounts:

Cash: $21,000.

Prepaid Rent: $500.

Equipment: $7,500.

Accounts Payable: $4,000.

By the end of the month, Jackson's had earned $32,000. of Revenues, and used $1,800. of Utility Expenses, $4,000. of Rent Expenses, and $3,600. Salaries Expenses.

Please calculate the net income to be reported by the company for this first month.

Multiple Choice:

A) $32,000

B) $22,600

C) $26,200

D) $23,100

please help and thanks in advance