Aunt Bea's Catering Service provides catering service for special occasions. During 2018, Aunt Bea performed S128,300 of catering services and collected $I18.500 of cash from customers. Salaries earned by Aunt Bea's employees during 2018 were $38,500. Aunt Bea paid employees $35,000 during 2018. Aunt Bea S1.200 of supplies on hand at the beginning of the year and purchased and paid for an additional $8,000 of supplies during the year. Supplies on hand at the end of 2018 were $1,830. Other selling and administrative expenses incurred and paid for during 2018 were $5,800. Required: I) Calculate the amount of accrual and cash-basis income for 2018 by completing the table below (9 marks). CASH BASIS ACCRUAL BASIS Revenues: Catering services Less Expenses: Salaries Supplies Other administrative and selling Net Income 2) What accounting principle is used to determine revenue under the accrual basis? (I mark) 3) What accounting principle/concept is used to determine expenses under the accrual basis? (1 mark) 10