During March, the following transactions occurred: 1. The company paid $2,600 cash to rent office space for the month of March. 2. The company received $22,000 cash for repair services provided during March. 3. The company paid $6,800 for salaries for the month of March. 4. The company provided $3,600 of services to customers on account. 5. The company paid cash of $1,100 for utilities for the month of March. 6. The company received $3,700 cash in advance from a customer for repair services to be provided in April. 7. The company purchased $5,600 of land for cash. Based on this information, net income for March would be: Multiple Choice $19.400. $15,100. $5,900. $7,800. $19,500