2. A local McDonald's is operated as a franchise (treated as a separate taxable entity from McDonald's Corporation as a whole) During 2018, the local franchise had $300,000 in cash sales and the following cash expenditures: Rental cost of restaurant venue ($2,000 per month, starting March1, 2018)$24,000 Framchise fee for 2018 (fully dedactible) Compensation for 20I8 Ueilities for 2018 30,000 53,000 9,500 In addition to the above the o nr contracted with a supplier to provide all the cleaning supplies for the location over a l 2 month period s arting on March 201The onner paid S6,000 (the sotal cost for the contract) on April 1, 2018, and the same amount of supplies was brought in from the supplier cach month. Finally, the owner paid the McDonald's Corporation a royalty fee at 6% of store sales for the 2018 year on December 30, 2018. a. (8 points) Assuming the local McDonald's operates on a calendar year-end under the accrual method, what amount of net profit (loss) for the business was included in AGI for 20187 b. (8 points) Assuming the local McDonald's operates on a calendar year-end under the cash method, what amount of net profit (loss) for the business was included in AGI for 2018