Johnny Corp. earned $200,000 of revenue this year. Of this amount, 80% has been collected in cash, and the remaining 20% is still accounts receivable. Johnny also had $140,000 of expenses. Of this amount, 90% has been paid in cash, and the remaining 10% is still accounts payable a. Under accrual accounting, what amount of revenue should Johnny record for the year? b. Under accrual accounting, what amount of expenses should Johnny record for the year? c. Under accrual accounting, what amount of profit would Johnny have for the year? Which financial statement shows revenues, expenses, and profits