Pharoah Industries collected $134,400 from customers in 2022. Of the amount collected, $32,000 was for services performed in 2021. In addition, Pharoah performed services worth $51.200 in 2022 , which will not be collected until 2023. Pharoah industries also paid \$92,160 for expenses in 2022. Of the amount paid, \$38,400 was for expenses incurred on account in 2021. In addition, Pharoah incurred $53,760 of expenses in 2022 , which will not be paid until 2023. (a) Compute 2022 cash-basis net income. Cash-basis net income $ (b) Compute 2022 accrual-basis net income. Accrual-basis net income