Jeff Jackson opened Jackson's Repairs on March 1 of the current year. During Macon, the towing 1. Jackson invested $25.000 cash in the business 2. Jackson contributed $100,000 of equipment to the business 3. The company paid $2.000 cash to rent omce space for the month of March 4. The company received $16,000 cash for repair services provided during March 5. The company paid $6.200 for salaries for the month of March 6. The company provided $3,000 of services to customers on account 7. The company paid cash of $500 for utilities for the month of March 8. The company received $3,100 cash in advance from a customer for repair services to be provided in Are 9. Jackson withdrew $5,000 for his personal use from the company Based on this information, net income for March would be Multiple Choice $10,300 $13,400 D $5,300