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Blue Spruce Corp. had the following transactions during 2021: Sales of $12530 on account Collected $5570 for services to be performed in 2022 Paid
Blue Spruce Corp. had the following transactions during 2021: Sales of $12530 on account Collected $5570 for services to be performed in 2022 Paid $3020 cash in salaries for 2021 Purchased airline tickets for $700 in December for a trip to take place in 2022 What is Blue Spruce's 2021 net income using cash basis accounting? O $1850 O $2550 O $3240 O $15080
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