10. Answer each of the following questions. (Show your work.) a. Revenue of $60,000 was earned, but only $45,000 was collected. Expenses of $46,000 were incurred, but only $30, 000 was paid. What is reported net income? b. Wages of $4,000 are paid every Friday for a ve-day workweek. If year-end falls on a Wednesday, the adjusting entry for wages payable would be recorded at what amount? c. A company vehicle is purchased for $24,000. Assuming an eight-year useful life and zero value at that time, what is the balance of accumulated depreciation after six years? d. Supplies Expense of $3,600 was recorded for a given year. Assuming that $2,400 in supplies were purchased during the year and that $640 in supplies remained at year end, what was the cost of supplies at the beginning of the year