Joe Jackson opened Jackson's Repairs on March 1 of the current yeat, During March, the following transactions occurred and were recorded in the company's books: 1. Jackson invested $26,000 cast in the business in exchange for common stock: 2. Jackson contributed 5101,000 of equptrent to the business. 3. The company paid $2:100 cash to rent office spuce for the month of March. 4. The company recelved $17,000 cash for repair services piovided 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 5600 for utilities for the month of March. 8. The company recelved $3,200 castrin advance from a customer for repair services to be provided in April 9. The company pald Jackson $5.100 cash as a dividend. Based on this information, net income for March would be: Mupple Choice 54500 sided sityon