The following transactions for Habari Company occurred during January2017:

Jan 1 Purchased atwo-year insurance policy forcash, $8,400.

Jan 4 Paid utilities bill that was received in December2015, $450.

Jan 9 Performed a service onaccount, $12,000.

Jan 16 Paid monthly salary toemployees, $2,700.

Jan 21 Received$18,000 from a customer on account.

Jan 25 Received$600 from January 9 transaction.

Jan 31 Prepared the adjusting entry for insurance from January 1 transaction.

Jan 31 Accrued wages of$2,750.

Do not entercommas, spaces,decimals, or dollar signs in your answer. Forexample, if your answer is$2,333, then enter it as 2333

If your answer isnegative, i.e. a net loss of$2,333, then enter your answer in brackets withoutcommas, spaces, decimals, or dollar signsas: (2333)

What is the amount of income under the cash basis?