Regent Plumbing Company provides plumbing services. Selected transactions of Regent Plumbing Company are described as follows: a) Received $9,000 cash from the owner, Sharon Regent, as capital. b) Paid $4,000 cash for equipment to be used for plumbing repairs. c) Borrowed $8,000 from a local bank and deposited the money in the checking account. d) Paid $900 rent for the year. e) Paid $200 cash for plumbing supplies to be used next year. f) Completed a plumbing repair project for a local lawyer and received $4,000 cash. Calculate the net income. Assume plumbing supplies of $200 are left at the end of the accounting period. O A. $700 O B. $4,000 OC. $3,800 OD. $3,100