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2 Taffy Industries collected $540,000 from customers in 2020 of the cocked, $20 2018 collected until 2021 Taffy Industries also paid $328,000 for expenses in

2 Taffy Industries collected $540,000 from customers in 2020 of the cocked, $20 2018 collected until 2021 Taffy Industries also paid $328,000 for expenses in 2020. Of the amount paid, $60,000 was exp until 2021. Instructions: Using the table provided below, compute the revenue, expenses, and net income for the year 2020 under t applicable, make sure to include a comma in your numbers. For example, your answers should be needed incorrect answer. Revenue Expenses Net Income Cash Basis $79,200 Accrual Basi 06.000 Moving to another question will save this response

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