Question 33 3.9 pts The following is selected information from Ng Corporation for the fiscal year ending October 31, 2020. Cash received from customers Revenue earned Cash paid for expenses $300,000 390,000 170,000 Cash paid for computers on November 1, 2019 that will be used for 3 years 48,000 Expenses (including any depreciation) 216,000 Proceeds from a bank loan, part of which was used to pay for the computers 100,000 Based on the accrual basis of accounting, what is Ng Corporation's net income for the year ending October 31, 2020? Oa. $146,000 Ob. $174,000 Oc. $158,000 Od. $220,000 Oe. $130,000