Q5. Butler Corp. maintains its financial records on the cash basis of accounting. Interested in securing a long-term loan from its regular bank, Butler Corp. requests you to convert its cashbasis income statement data to the accrual basis. You are provided with the following summarized data covering 2021, 2022, and 2023. Instructions a. Using the data above, prepare abbreviated income statements for the years 2021 and 2022 on the cash basis. b. Using the data above, prepare abbreviated income statements for the years 2021 and 2022 on the accrual basis