Daube Industries' operations for the month of July are summarized as follows: A. Provided $8,400 of services in July on account. B. Received $4,000 cash from customers for services provided in July. C. Recelved $1,100 cash for services to be provided in August. D. Recelved $3,100 cash from customers on account for services provided in June. E. Paid June's warehouse rental bill on account in the amount of \$1.200. F. Recelved July's warehouse rental bill of $1,200; set it aside to be paid at a later date. Required: a. Determine the net income for July using the cash basis of accounting. b. Determine the net income for July using the accrual basis of accounting. Complete this question by entering your answers in the tabs below. Determine the net income for July using the cash basis of accounting. Required: a. Determine the net income for July using the cash basis of accounting. b. Determine the net income for July using the accrual basis of accounting. Complete this question by entering your answers in the tabs below. Determine the net income for July using the accrual basis of accounting