***Question #1*** Wilde Company earned revenues of $170 in cash and $230 on account during 20X1. Of the $230 on account, $79 was collected in cash in 20X1 and the rest in 20X2. The company incurred expenses of $145 on account in 20X1 and made cash payments of $100 towards the expenses in 20X1. How much more (or less) net income would Wilde report in 20X1 under accrual accounting than under cash accounting? B E A ($45) C $185 D $230 $106 None of the above