first year of operations, Grace Company reports the following: Revenue of $$60,000($ $$52,000$ cash received from customers$)$; Expenses of $$35,000($ $$31,000$ cash paid toward expenses$).$ come under the cash basis of accounting is:

Multiple Choice

$$17,000.$

$$13,000.$

$$21,000.$

$$25,000.$

None of the answer choices is correct.