During March, the following transactions occurred: 1.The company paid $3,100 cash to rent office space for...

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During March, the following transactions occurred: 1.The company paid $3,100 cash to rent office space for the month of March. 2.The company received $27,000 cash for repair services provided during March. 3.The company paid $7,300 for salaries for the month of March. 4.The company provided $4,100 of services to customers on account. 5.The company paid cash of $1,600 for utilities for the month of March. 6.The company received $4,200 cash in advance from a customer for repair services to be provided in April. 7.The company purchased $6,100 of land for cash. Based on this information, net income for March would be: $24,500. $7,300. $19,100. $24,400. $6,400. During March, the following transactions occurred: 1.The company paid $3,100 cash to rent office space for the month of March. 2.The company received $27,000 cash for repair services provided during March. 3.The company paid $7,300 for salaries for the month of March. 4.The company provided $4,100 of services to customers on account. 5.The company paid cash of $1,600 for utilities for the month of March. 6.The company received $4,200 cash in advance from a customer for repair services to be provided in April. 7.The company purchased $6,100 of land for cash. Based on this information, net income for March would be: $24,500. $7,300. $19,100. $24,400. $6,400.