Question 40 of 50 - / 3E Viow Policies Current Attempt in Progress Primo Industries collected $ 105,000 from customers in 2022. Of the amount collected, $25,000 was for services performed in 2021 In addition, Primo performed services worth $ 40.000 in 2022, which will not be collected until 2023 Primo Industries also paid $72.000 for expenses in 2022. Or the amount paid $ 30.000 was for expenses incurred on account in 2021 In addition. Primo incurred $ 42,000 of expenses in 2022, which will not be paid until 2023, (a) Compute 2022 cash-basis net income Cash-bass net income $ (b) Contoute 2022 accrual basis net income. Accrual basis net income eTextbook and Media Attempts: unlimited Submit Answer Sovetor Linde