Candy Industries collected $270,000 from customers in 2020. of the amount collected, $44,300 was for services performed in 201 Candy performed services worth $47,300 in 2020, which will not be collected until 2021 Candy Industries also paid $85,000 for expenses in 2020. of the amount paid, $36,800 was for expenses incurred on account in 2 Candy incurred $44,700 of expenses in 2020, which will not be paid until 2021. Instructions: Compute the 2020 cash-basis net income and accrual based net income. The sign has been provided for you, so your amou appropriately keyed (ex. 12,000). Cash Bele Revenue 45100 Expenses: 5 Nel income Acorul Basis Revenue Expenses Net $ income MacBook Air FI 80 DOO F2 F3 DOO FA *** FS F6 A 1 2 N $ 4 3 % 5 & 7 6