ACG2021 Chapte... Exam 2 ACG 202 ACG test 2 Flashc. ACG 2021 Ch 4 q Quiz: Chapter 4:. 0.4 pts | Question 4 The following is information is from Clark Corporation's financial records for the current fiscal year i. Cash received from customers, $255,000 ii. Revenue earned, $230,000 ili. Cash paid for wages, $115,000 iv. Wage expense incurred, $110,000 v. Cash paid during the current year for computers that will be used for 3 years, $30,000 vi. Depreciation expense, $5,000 vi. Proceeds from issuing debt, $24,000 vii. Interest incurred on debt, $3,000 ix. Cash paid for supplies, $4,000 x. Supplies expense incurred, $2,000 What is the company's net income for the current year using the accrual basis of accounting? $115,000 $130,000 $155,000 $125,000 $135,000 MacBook Pro 8