Marigold Corp. sells $6280 of goods on account in the current year and collects $3280 of this. It incurs $4200 in expenses on account during the current year and pays $2600 of them. Marigold would report what amount of net income under the cash and accrual bases of accounting, respectively? $3000 on the cash basis and $2080 on the accrual basis. O $3280 on the cash basis and $4200 on the accrual basis. O $680 on the cash basis and $2080 on the accrual basis. O $2080 on the cash basis and $3000 on the accrual basis.