Question 21 Summarized operations for Kingbird, Inc. for the month of July are as follows. Revenues recognized: for cash $30,000; on account $70,640. Expenses incurred: for cash $26,400; on account $41,880. Indicate for Kingbird, Inc. (a) the total revenues, (b) the total expenses, and (c) net income for the month of July. (a) Total revenues (b) Total expenses (c) Net income $