Mind another question will save the Question 32 Richardson Company reported cash basis net income of $50,000 for 2020. The following data are provided December 31, 2020 December 31, 2019 Accounts payable $40.000 $50.000 Accounts receivable $60,000 $40.000 In its 2020 income statement, how much will Richardson report as accrual basis net Income? A $40,000 B$60.000 C$50,000 OD$20,000 E $80,000 Moving to another question will save this response