Norris Company experienced the following transactions during 2013, its first year in operation. 1. Issued $9,200 of common stock to stockholders. 2. Provided $5,500 of services on account. 3. Paid $2,400 cash for operating expenses. 4. Collected $3,500 of cash from accounts receivable. 5. Paid a $260 cash dividend to stockholders.

The amount of net income recognized on Norris Company's 2013 income statement is:

$2,260.

$2,000.

$3,100.

$2,840.