Joe Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books:

1. Jackson invested $31,000 cash in the business.

2. Jackson contributed $106,000 of equipment to the business.

3. The company paid $2,600 cash to rent office space for the month.

4. The company received $22,000 cash for repair services provided during March.

5. The company paid $6,800 for salaries for the month.

6. The company provided $3,600 of services to customers on account.

7. The company paid cash of $1,100 for monthly utilities.

8. The company received $3,700 cash in advance of providing repair services to a customer.

9. Jackson withdrew $5,600 for his personal use from the company.

Based on this information, net income for March would be: