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During March, the following transactions occurred: 1. The company paid $3,600 cash to rent office space for the month of March. 2. The company received

image text in transcribed During March, the following transactions occurred: 1. The company paid $3,600 cash to rent office space for the month of March. 2. The company received $32,000 cash for repair services provided during March. 3. The company paid $7,800 for salaries for the month of March. 4. The company provided $4,600 of services to customers on account. 5. The company paid cash of $2,100 for utilities for the month of March. 6. The company received $4,700 cash in advance from a customer for repair services to be provided in April. 7. The company purchased $6,600 of land for cash. Based on this information, net income for March would be: Multiple Choice $29.500 $6,000

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