Mostert Music Company had the following transactions in March: a. Sold music lessons to customers for $12,200; recelved $8,100 in cash and the rest on account. b. Paid $750 in wages for the month. c. Received a $550 bill for utilities that will be paid in April. d. Received $3,400 from customers as deposits on music lessons to be given in April. Required: Based on the information above, prepare a cash basis and an accrual basis income statement. Complete this question by entering your answers in the tabs below. Based on the information above, prepare an accrual basis income statement