A company provided $$1,500$ of services to customers during the month of May. The customers paid in June. What would the impact of these transactions be during May on $(1)$ the balance of cash, $(2)$ cash$-$basis net income, and $(3)$ accrual basis net income?

$(1)$ No effect, $(2)$ No effect, $(3)$ No effect.

$(1)$ Increase, $(2)$ Increase, $(3)$ No effect.

$(1)$ No effect, $(2)$ No effect, $(3)$ Increase.

$(1)$ Increase, $(2)$ Increase, $(3)$ Increase.