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Kitchen Company had the following transactions during 2024: Sales of $9,000 on account Collected $4,000 for services to be performed in 2025. Paid $2,650 cash

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Kitchen Company had the following transactions during 2024: Sales of $9,000 on account Collected $4,000 for services to be performed in 2025. Paid $2,650 cash in salaries. Purchased airline tickets for $500 in December for a trip to take place in 2025. What is Kitchen's 2024 net income using cash basis accounting? . $10,350 $1,350 $850 $9.850

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