Below is a list of transactions that took place in the first month of operations (April) for Lawn Enforcement lawn care service 1. The owner contributed $5,000. 2. Lawn Enforcement takes out a loan for $10,000 to purchase equipment. 3. Radio advertising was purchased for $2,000. The spot will run from April through August. 4. Lawn Enforcement had cash receipts from customers of $10,000. Of this amount, $2,000 was prepaid by customers fo work to be performed in May. The remaining cash receipts were from services performed in April. 5. Salaries of $4,000 were paid. 6. A fuel bill of $500 was received from Watkins Oil Company for fuel purchased in April. It will be paid in May. 7. The owner withdrew $1,000 from the business. 8. $600 was paid toward the loan balance (for this problem, ignore interest). 9. The cash balance at the end of the month was $2,400. 10. Depreciation expense on the equipment was $167. What will Lawn Enforcement report for net income for April? $4,933 $1,433 $2,933 $2,433