Current Attempt in Progress Monty Industries collected $136,500 from customers in 2022. Of the amount collected, $32,500 was for services performed in 2021. In addition, Monty performed services worth $52,000 in 2022, which will not be collected until 2023. Monty Industries also paid $93,600 for expenses in 2022. Of the amount paid, $39,000 was for expenses incurred on account in 2021. In addition, Monty incurred $54,600 of expenses in 2022, which will not be paid until 2023. (a) Compute 2022 cash-basis net income. Cash-basis net income $ (b) Compute 2022 accrual-basis net income. Accrual-basis net income