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6. During the month of March 2017, Weimar World, a tax-preparation service, had the following transactions. Billed $496,000 in revenues on credit Received $164,000 from

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6. During the month of March 2017, Weimar World, a tax-preparation service, had the following transactions. Billed $496,000 in revenues on credit Received $164,000 from customers' accounts receivable Incurred expenses of $194,000 but only paid $87,700 cash for these expenses . Prepaid $32,220 for computer services to be used next month What was the company's accrual basis net income for the month? 302,000 B) 264,080 41,860 $408,300 None of the above

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