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muh med 1.200 019 000. The 20 1200 Question 16 2ts Bundy Inc. had the following company transactions during 2020 Paid $8,000 and recorded salaries e pense Recorded 524.000 in Sales on account Paid off a $3.000 account payable. Accrued $1000 in advertising expense Lastly, at the end of the year the company purchased a laptop for $2.000. The company treats it as a lot tome out to use in its production processes for more a yeat. What is Bundys net income using accrual accounting? Hint Remember when revenue and expenses are recognized 22.000 10.000 15.000 13.000