P8-2C.Kim Andrews prepared the Following income statement on a cash basis for Sloan,M.D:

Ed Sloan , MD

Income Statement

For The Year Ended December 31,2021

Professional fees. 50,000

Expenses. 18,000

Net Income. 32,000

Professional Fees on the accrual basis

Ed Sloan has requested information from Kim as to what his professional fees earned would be under the accrual-basis system of accounting. Kim has asked you to provide Dr. Sloan with this information, basing it on the following facts that Kim ignored in the original preparation of the financial report: \begin{tabular}{lrr} & 2020 & \multicolumn{1}{c}{2021} \\ Accrued Professional Fees & $4,200 & $5,300 \\ Unearned Professional Fees & 6,200 & 4,250 \end{tabular} \begin{tabular}{|l|l|} \hline 1 & \multicolumn{1}{c|}{ Aroblem 8-2C } \\ \hline 2 & Name: \\ \hline 3 & Section: \\ 4 & Date: \end{tabular}