A company maintains its records using cash basis accounting. During the year, the company received cash from customers. $39,000, and paid cash for salaries, $22,000. At the beginning of the year, customers owe the company $3,500. By the end of the year, customers owe $5,800. At the beginning of the year, the company owes salaries of $3,400. At the end of the year, the company owes salaries of $5,400. Determine cash-basis net income and accrual basis net income for the year, Net Income $ 17,000 Cash-basis net income Accrual basis net income