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 $30,000 cash in the business in exchange for common stock. 2. Jackson contributed $105,000 of equipment to the business. soru3. The company paid $2,500 cash to rent office space for the month of March. 01.05-41 4. The company received $21,000 cash for repair services provided during March. 5. The company paid $6,700 for salaries for the month of March 6. The company provided $3,500 of services to customers on account 7. The company paid cash of $1,000 for utilities for the month of March. 8. The company received $3,600 cash in advance from a customer for repair services to be provided in April. 9. The company paid Jackson $5.500 cash as a dividend. Based on this information, net income for March would be