Primo Industries collected $105,000 from customers in 2017. of the amount collected, $24,600 was for services performed in 2016. In addition, Prime performed services worth $40,100 in 2017, which will not be collected until 2018 Primo Industries also paid $72,200 for expenses in 2017. Of the amount paid, $29,800 was for expenses incurred on account in 2016. In addition, Prima incurred $43,000 of expenses in 2017, which will not be paid until 2018 (a) Compute 2017 cash-basis net income. Cash-basis net income Compute 2017 accrual basis net income. Accrual basis net income