2. Consider the Accrual Method of Accounting: Wilton Company had the following transactions during 2010. * Sales of $5,400 on sold on account account * Collected $2,400 for services to be performed in 2011 * Paid $ 1,250 cash in salaries * Purchased airline tickets for $300 in December 2010 for a trip will not take place until 2011. What is Wilton's 2010 net income using accrual accounting?

	$3,850
	$4,150
	$6,550
	$6,250