Financial statement:

WeCleanAll Company is in the business of providing cleaning services. During the quarter the following transactions took place: They provided $200,000 worth of cleaning services to their customers. Of this amount, $30,000 were services where the customer paid immediately at the completion of the service. The rest were services where the company sent an invoice to the customer after the service was completed. During the quarter WeCleanAll collected $18,000 for invoices that were outstanding at the beginning of the period During the quarter they also collected $110,000 for invoices issued this quarter They started the quarter without any Unearned Revenues. During the quarter, a customer gave them a deposit of $10,000 for work to be done in the future. Their employees earned $125,000 during the quarter and $100,000 of the payment was made in this quarter. The remainder will be paid in the future. They have no other expenses or cash inflows or outflows. What is their Net Income for the quarter? What is their net cash inflow or outflow for the quarter? Show your work

WeCleanAll Company is in the business of providing cleaning services. During the quarter the following transactions took place: - They provided $200,000 worth of cleaning services to their customers. - Of this amount, $30,000 were services where the customer paid immediately at the completion of the service. The rest were services where the company sent an invoice to the customer after the service was completed. - During th quarter WeCleanAll collected $18,000 for invoices that were outstanding at the beginning of the period - During the quarter they also collected $110,000 for invoices issued this quarter - They started the quarter without any Unearned Revenues. During the quarter, a customer gave them a deposit of $10,000 for work to be done in the future. - Their employees earned $125,000 during the quarter and $100,000 of the payment was made in this quarter. The remainder will be paid in the future. - They have no other expenses or cash inflows or outflows. What is their Net Income for the quarter? What is their net cash inflow or outflow for the quarter? Show your work