i wilk like to know the cash basis net income and accruel basis net income.

Sandhill industries collected $105,000 from customers in 2022. Of the amount collected, $25,700 was for services performed in 2021 . In addition. Sandhill performed services worth $38,900 in 2022 , which will not be collected until 2023 . Sandhill Industries also paid $71,300 for expenses in 2022 Of the amount paid, $29,300 was for expenses incurred on account in 2021. In addition Sandhill incurred $40,900 of expenses in 2022 , which will not be paid until 2023 . (a) Compute 2022 cash-basis net income. Cash-basisnetincome (b) Compute 2022 accrual-basis net income. Accrual-basis net income