Mary Smith, MD, maintains the accounting records of Smith Clinic on a cash basis. During 2020, Dr. Smith collected $137,827 from her patients and paid $52,694 in expenses. At January 1, 2020, and December 31, 2020, she had accounts receivable, unearned service revenue, accrued expenses, and prepaid expenses as follows. (All long-lived assets are rented.) January 1, 2020 December 31, 2020 Accounts receivable $8,379 $15,687 Unearned service revenue 2,576 4,406 Accrued expenses 3,177 2,034 Prepaid expenses 2,107 3,547 Prepare a schedule that converts Dr. Smith's "excess of cash collected over cash disbursed" for the year 2020 to net income on an accrual basis for the year 2020. Prepare a schedule that converts Dr. Smith's "excess of cash collected over cash disbursed" for the year 2020 to net income on an accrual basis for the year 2020. MARY SMITH, M.D. Conversion of Cash Basis to Accrual Basis For the Year 2020 v v v v v v v v v :5 Save for Later Attempts: O of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2