on the accrual bas of accounting what is C Corporation's net income for the year ending October 31, 2017? $140.000 Revenue recognized 85,000 Cash paid for expenses 119,000 Expenses incurred including any depreciation Proceeds from a bank loan, part of which was used to pay for the computers 50,000 Based on the accrual basis of accounting, what is C Corporation's net income for the year ending October 31, 2017? A $140,000 B. $116,000 $132.000 D. 5106,000 Best Selection o . C