Given the balance sheet for a company below (Income Statement has 0 balances):

Cash	$	6,400	Accounts payable	$	9,600
Accounts receivable		32,000	Unearned fee revenue (deposits)		3,840
Supplies		1,500	Note payable (long-term)		48,500
Equipment		9,500	Common stock		1,600
Land		7,400	Retained earnings		11,560
Building		25,300	Additional paid-in capital		7,000

a.	Rebuilt and delivered five pianos in January to customers who paid $19,000 in cash.
b.	Received a $600 deposit from a customer who wanted her piano rebuilt.
c.	Rented a part of the building to a bicycle repair shop; received $850 for rent in January.
d.	Received $7,200 from customers as payment on their accounts.
e.	Received an electric and gas utility bill for $400 to be paid in February.
f.	Ordered $960 in supplies.
g.	Paid $2,300 on account in January.
h.	Received from the home of Stacey Eddy, the major shareholder, a $920 tool (equipment) to use in the business in exchange for 100 shares of $1 par value stock.
i.	Paid $16,500 in wages to employees who worked in January.
j.	Declared and paid a $2,200 dividend.
k.	Received and paid cash for the supplies in (f). Q) What is net income if the company used the cash basis of accounting?