Consider the following transactions: Paid $4,000 cash for supplies Paid $6,000 cash in employee wages Provided $9,000 of services on account Provided $16,000 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. Answer: