D Question 6 2 pts The following information relates to Saxa Company's operations: Saxa Company collected $10,000 cash from customers in March for sales that occurred in February Saxa Company sold $2,500 of goods in March and the cost of goods sold is $1.250. Saxa collected $2,000 in cash from these sales in March and $1,300 in April. Saxa Company sold a one-year service contract to a customer for $12,000 cash on March 1. The service contract starts on March 1. No costs have incurred to service this contract in March. On March 1, Saxa Company signed a six-month contract with a customer to provide $6,000 of services beginning May 1. The customer paid half of the contract amount on this date. What is Saxa Co.'s March net income using an accrual-basis accounting system