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1. what is the income if it uses the accual method of accounting?

Question 39 (1 point) Pleasant Corporation provides Internet marketing services. During the current year. Pleasant bills its customers $650,000 and collects $590,000 of its billings. Pleasant incurs $250,000 in expenses on account, paying $215,000 in cash during the year. What is Pleasant's income if it uses the cash receipts and disbursements method of account? A/