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Baxtor Company provides consulting services. Selected transactions of Baxtor Company are described as follows: a) Received $10,100 cash from the owner, Joe Jones, as capital

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Baxtor Company provides consulting services. Selected transactions of Baxtor Company are described as follows: a) Received $10,100 cash from the owner, Joe Jones, as capital b) Paid $2,100 cash for computer equipment for office uso. c) Borrowed $11,500 from a local bank and deposited the money in the checking account. d) Paid $1,900 rent for the month. e) Pald $210 cash for office supplies to be used next year. f) Completed a consulting project for a local business and received $5,900 cash. Calculate the net income. O A $1,900 OB. $1,690 OC. $3,790 OD. $4,000

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