Carillo Industries collected $104,000 (tom customers in 2017. Of the amount collected, $24, 700 was for services performed m 2016. In addition, Carillo performed services worth $40, 100 in 2017, which will not be collected until 2018. Carillo Industries also paid $72, 600 for expenses in 2017. Of the amount paid, $29, 300 was for expenses incurred on account in 2016. In addition, Carillo incurred $42, 800 of expenses in 2017, which will not be paid until 2018. Compute 2017 cash basis net income. Compute 2017 accrual basis net income