Question 1 0/0.5 pts During 2018, Rumbo Corporation had cash and credit sales of $21.760 and $15,225, respectively. The company also collected accounts receivable of $9.765 and incurred operating expenses of $27.700, 80% of which were paid during the year. In addition, Rumbo prepaid $4,500 for an 18-month advertising campaign that began September 30, Rumbo's accrual basis net income (loss) for the fiscal year ending December 31, 2018, was: Answered $14.075 act Answer $8.535 $9,285 15775