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Consider the following transactions: - Paid $4,000 cash for supplies - Paid $5,000 cash in employee wages - Provided $9,000 of services on account -
Consider the following transactions: - Paid \$4,000 cash for supplies - Paid \$5,000 cash in employee wages - Provided $9,000 of services on account - Provided $18,000 of services for cash - Paid \$3,000 cash for utilities expenses incurred last year - Used up $2,000 of the supplies purchased earlier - Used up \$6,000 of long-term assets (i.e., depreciation expense) How much is net income under accrual basis accounting? Do not include dollar signs or commas; just numbers
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