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A company had the following transactions during 2024. - Sales of $7560 on account - Collected $3360 for services to be performed in 2025 -

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A company had the following transactions during 2024. - Sales of $7560 on account - Collected $3360 for services to be performed in 2025 - Paid $2230 cash in salaries - Purchased airline tickets for $420 cash in December for a trip to take place in 2025 What is the company's 2024 net income using cash basis accounting? $8690 $8270 $710 $1130

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