Calculate Cash Basis Cash Net Income using the following facts: Cash disbursements $940,000 Beginning inventories $62,000 (expenses) Cash receipts $1,038,000 (revenue) Ending inventories $55,000 Depreciation expense $25,000 Beginning accounts receivable $10,200 Ending accounts receivable Ending accounts 5,200 Beginning accounts payable 4,700 payable 5,200 Beginning unused supplies 10,500 Ending unused supplies 20,000 Beginning prepaid expenses 20,000 Ending prepaid expenses 22,000