Mars Corp. earned $10,000 in January, but Mars only received $7,000 of that and the other $3,000 will be received in February. Mars only expense was $2,500 for wages. Of this amount, Mars paid $1,000 during January and will pay the remaining $1,500 on February 1st. What is Mars net income for January? A $7,500 B $6,000 $9,000 O D $4,500 When a payment is collected from a customer on account, the result of this receipt is O A to increase total assets and no change to net income. to increase net income and no change to total assets. O C no change to either total assets or net income. O D to increase both total assets and net income