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Crane Company had the following transactions during 2018: Sales of $4600 on account Collected $2400 for services to be performed in 2019 Paid $1650 cash

Crane Company had the following transactions during 2018: Sales of $4600 on account Collected $2400 for services to be performed in 2019 Paid $1650 cash in salaries Purchased airline tickets for $250 in December for a trip to take place in 2019 What is Crane's 2018 net income using cash-basis accounting after cash? $5100. $5350 $500. $750

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