(Cash to Accrual Basis) Jill Accardo, M.D., maintains the accounting records of Accardo Clinic on a cash basis. During 2014, Dr. Accardo collected $142,600 from her patients and paid $55,470 in expenses. At January 1, 2014, and December 31, 2014, she had accounts receivable, unearned service revenue, accrued expenses, and prepaid expenses as follows. (All long-lived assets are rented.)

January 1^st 2014 December 31, 2014

Accounts receivable $9,250 $15,927

Unearned service revenue 2,840 4,111

Accrued expenses 3,435 2,108

Prepaid expenses 1,917 3,232

Instructions: Prepare a schedule that converts Dr. Accardos excess of cash collected over cash disbursed for the year 2014 to net income on an accrual basis for the year 2014.