3. Use the following information to compute the values $42,000 $28,000 $48,000 ing inventory value Cash expenses Cash revenue Depreciation Beginning accounts receivable Beginning accounts payable $180.00 $8,500 $2,200 $7,700 Ending Inventory value Cost of new tractor Ending Accounts receivable Ending Accounts payable $1,500 a) Cash basis net farm income b) Total revenue on accrual basis c) Accrual basis net farm income (Points : 3) Spellchecker