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Diana & Associates maintains its records on the cash basis. You have been asked to convert its cash basis income statement to the accrual basis.

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Diana \& Associates maintains its records on the cash basis. You have been asked to convert its cash basis income statement to the accrual basis. The cash basis income statement, along with additional information, follows: Diana \& Associates Income Statement (Cash Basis) For the Year Ended December 31, 2022 Additional information: No plant assets were sold during 2022. Compute net income under accrual basis. Example of Answer: 4000 (No comma space decimal

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