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help 23. Your answers have been saved but not graded. Click 'Submit' to grade them. Multiple Choice to point possbes tgraded, tesults hiddent During the

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23. Your answers have been saved but not graded. Click 'Submit' to grade them. Multiple Choice to point possbes tgraded, tesults hiddent During the year, a company eamed revenues of $500 million. Expenses incurred totaled 5100 milion. The company collected all but 310 millian of the revenues eaned and pait 530 mililion of its expenses in cash. Under the accrual basis of accounting, what would the compary report as net income? 1355 million $400 mition $370 mellion 5470 milkon Satwe

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