Jeff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred: 1. Jackson invested $28,000 cash in the business. 2. Jackson contributed $103,000 of equipment to the business. 3. The company paid $2,300 cash to rent office space for the month of March. 4. The company received $19,000 cash for repair services provided during March. 5. The company paid $6,500 for salaries for the month of March. 6. The company provided $3,300 of services to customers on account. 7. The company paid cash of $800 for utilities for the month of March. 8. The company received $3,400 cash in advance from a customer for repair services to be provided in April. 9. Jackson withdrew $5,300 for his personal use from the company. Based on this information, net income for March would be