QUESTION 1 Bill is a CPA who conducts his practice as a sole proprietor. During 2021, he received cash of $90,200 for accounting and tax services. Of the amount collected, $8,000 was for services provided in 2020. At the end of 2021, Bill had accounts receivable of $12,000, all for services rendered in 2021. Compute Bill's gross income for 2021 using the accrual basis of accounting. $90,200 O $82,200 $98,200 $94,200 $110,200 QUESTION 2 Under the terms of a divorce agreement entered into in 2017, Tina was to pay her husband Joe $5,000 per month in alimony. Tina's payments will be reduced to $3,000 per month when their 10 year old son becomes 21. Joe has custody of their son. For a 12 month period, Tina can deduct from gross income (and Joe must include in gross income): a. $60,000. Ob. $48,000. Oc $36,000 Od $24,000. e. 50.