Details Waldbart Company sold $40,000 of goods for cash and $33,000 of goods on account during the month of August. During the month, Waldbart paid $5,500 in rent, $1,200 in utilities and had $8,000 of wages that would be paid to employees in September. (The wages remained unpaid at the end of the period). a. What is Waldbart's net income under the CASH basis?