Jeff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred: 1. Jackson invested $26,000 cash in the business in exchange for common stock. 2. Jackson contributed $101.000 of equipment to the business. 3. The company paid $2,100 cash to rent office space for the month of March 4. The company received $17,000 cash for repair services provided during March 5. The company paid $6,300 for salaries for the month of March 6. The company provided $3,100 of services to customers on account 7. The company paid cash of $600 for utilities for the month of March. 8. The company received $3,200 cash in advance from a customer for repair services to be provided in April 9. The company paid $5,100 in cash dividends. Based on this information, net income for March would be: $14.400 $5,400 $8,300 $14.500 $1100