asap pls!!

Current Attemptinrogress The following is selected information from Kingbird, Inc. for the fiscal year ending October 31, 2020. $171000 256500 96900 Cash received from customers Revenue recognized Cash paid for expenses Cash paid for computers on November 1, 2019 that will be used for 3 years Expenses incurred including any depreciation Proceeds from a bank loan, part of which was used to pay for the computers 27360 135660 57000 Based on the accrual basis of accounting, what is Kingbird's net income for the year ending October 31, 2020? O $150480 O $132240 ROVADO 135660 ed including any depreciation Proceeds from a bank loan, part of which was used to pay for the computers 57000 Based on the accrual basis of accounting, what is Kingbird's net income for the year ending October 31, 2020? $150480 O $132240 O $159600 O $120840 Attempts: 0 of 1 used Submi Save for Later