Marigold Industries collected $88,200 from customers in 2022. Of the amount collected, $21,000 was for services performed in 2021. In addition, Marigold performed services worth $33,600 in 2022, which will not be collected until 2023. Marigold Industries also paid $60,480 for expenses in 2022. Of the amount paid, $25,200 was for expenses incurred on account in 2021. In addition, Marigold incurred $35,280 of expenses in 2022, which will not be paid until 2023. (a) Compute 2022 cash-basis net income. Cash-basis net income $ (b) Compute 2022 accrual-basis net income. Accrual-basis net income