The Farkus Company had the following transactions for the month: 1st Owner's invested $20,000 to start the company 1st 1st 15th Purchased equipment for $9,720; management expects it will be useful should be worthless. Paid administrative rent on office space of $1,750 Performed $3,000 of services for customers 30th Received a $200 utility bill; will be paid next month What is the company's net income for the month? wing transactions for the month: 10 to start the company $9,720; management expects it will be useful for 6 years at which time it on office space of $1,750 vices for customers ill; will be paid next month for the month