3. Use the following information to compute the values. Cash Expenses Cash Revenue Depreciation Beginning Accounts Receivable $2,200 Ending Accounts Receivable $110,000 Beginning Inventory Value $42,000 $167,000 Ending Inventory Value$2 $8,500 Cost of New Tractor $28,000 $48,000 Beginning Accounts Payable $7,700 Ending Accounts Payable $1,500 a) Cash basis net farm income: Total revenue on accrual basis: b) c) Accrual basis net farm income