es/404539/quizzes/892219/take Question 29 5 pts Mountain View Corp. maintains its records using cash- basis accounting. During the year, the company received cash from customers, $240,000, and paid cash for salaries, $90,050. At the beginning of the year, customers owe Mountain View Corp. $4,000. By the end of the year, customers owe $10,000. At the beginning of the year, Mountain View owes salaries of $12,000. At the end of the year, Mountain View Corp. owes salaries of $8,000. Assuming salaries are the only expense Mountain View reports, what is Mountain View Corp's net income for the year using the accrual basis of accounting. Question 30 5 pts ng your screen. Stop sharing Hide D W