Current Attempt in Progress Your examination of the records of Blossom Co. shows the company collected $87,300 cash from customers and paid $49,400 cash for operating costs during 2021. If Blossom followed the accrual basis of accounting, it would report the following year-end balances Accounts Payable Accounts Receivable Accumulated Depreciation Prepaid Insurance Supplies Unearned Revenue 2021 $1.360 4,060 11 220 1.540 830 1.305 2020 $2,040 2,700 10.140 1,280 325 1,590 X Your answer is incorrect. Determine Blossom's profit on a cash basis for 2021 Cash basis profit $ 25615 eTextbook and Media X Your answer is incorrect. Determine Blossoms profit on an accrual basis for 2021 Accrual basis profit $ 13920 G Search or type URL