Next content Pesource X Compan, wuwu NICE Company and prepares monthly financial statements. In April, it billed customers $410,000 for services it provided; in May, it billed customers $366,000 for services it provided. In May, the company received $282,000 from its April customers and $268,000 from its May customers. Which of the following amounts will appear on X Company's May Income Statement and Statement of Cash Flows? O Income Statement, $550,000; Statement of Cash Flows, $366,000 O both statements, $268,000 O Income Statement, $550,000; Statement of Cash Flows, $776,000 O Income Statement, $776,000; Statement of Cash Flows, $550,000 O both statements, $366,000 O Income Statement, $366,000; Statement of Cash Flows, $550,000 Submit Answer Tries 0/99