A company maintains its records using cash-basis accounting, During the year, the company received cash from customers, $38,000, and paid cash for taxes, $29,000. At the beginning of the year, customers owe the company $3,800. By the end of the year, customers owe $5,300. At the beginning of the P year, the company owes taxes of $3,200. At the end of the year, the company owes taxes of $5,000. Determine cash-basis net income and accrual-basis net income for the year t Income 16 ed Cash-basis net income Accrual-basis net income cer