Haskins and Jones, Attomeys at Law, maintains its books on a cash basis. Dieng 2021 the law on cotected $645.000 for services rendered to its clients and paid out $432,000 in expenses. You are able to determine the folowing intonation about acco receivable, prepaid expenses, deferred service revenue, and accrued lobites 2021 Accounts receivable Prepaid insurence) Prepaid rent Beferred service rem Accrued liabilities (for various expenses 31.0 11.00 In addition, 2021 depreciation expense on office equipment is $32.000 Required: Determine accrual basis net income for 2021 Add Deduct Haskins and Jones, Attorneys-at-Law, maintains its books on a cash basis. During 2021, the law firm collected $645,000 for services rendered to its clients and paid out $432,000 in expenses. You are able to determine the following information about accounts receivable, prepaid expenses, deferred service revenue, and accrued liabilities: Accounts receivable Prepaid insurance Prepaid rent Deferred service revenue Accrued liabilities (for various expenses) January 1, 2021 $82,000 December 31, 2021 $76,000 6,500 8,500 11,200 8,900 11,200 13,600 14,2001 19,100 In addition, 2021 depreciation expense on office equipment is $32,000. Required: Determine accrual basis net income for 2021. < Prev 5 of 5 Next DELL Required: Determine accrual basis net income for 2021. Add: Deduct