Jim's Gymnastics Training's operations for the month of October are summarized as follows: A. Provided $9,400 of training to students on account. B.Received $3,900 cash from students for training provided in October. C.Received $1,100 cash for training to be provided in November D.Received $3,000 cash from students on account for training provided in September. E.Paid September's gym rental bill on account in the amount of $1,200 F. Received October's rental bill of $1,400; set it aside. Required: a. Calculate Net Income for October using the cash basis of accounting. Net Income b. Calculate Net Income for October using the accrual basis of accounting. Net Income