Use the Following Information for Questions

Multiple Choice

Use the following information for questions
Nelson Company experienced the following transactions during 2016,its first year in operation.
1.Issued $12,000 of common stock to stockholders.
2.Provided $4,600 of services on account.
3.Paid $3,200 cash for operating expenses.
4.Collected $3,800 of cash from accounts receivable.
5.Paid a $200 cash dividend to stockholders.
-The amount of net income recognized on Nelson Company's 2016 income statement is:

A) $1,400.
B) $800.
C) $1,000.
D) $1,200.