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Multiple Choice Question 81 Ayayai Corp. had the following transactions during 2016. Sales of $8460 on account Collected $3760 for services to be performed in

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Multiple Choice Question 81 Ayayai Corp. had the following transactions during 2016. Sales of $8460 on account Collected $3760 for services to be performed in 2017 Paid $2490 cash in salaries Purchased airline tickets for $470 in December for a trip to take place in 2017 What is Ayayai's 2016 net income using cash basis accounting? $1270 $9260 $800 $9730

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