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Current Attempt in Progress Marigold Corp. had the following transactions during 2021. Sales of $7020 on account Collected $3120 for services to be performed

Current Attempt in Progress Marigold Corp. had the following transactions during 2021. Sales of $7020 on account Collected $3120 for services to be performed in 2022 Paid $2070 cash in salaries. Purchased airline tickets for $390 in December for a trip to take place in 2022 What is Marigold's 2021 net income using cash basis accounting? O $1050 O $7680 $8070 $660

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