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Use the following to answer questions 1-4 A company maintains its records using cash basis accounting: however, their bank wants to see their accrual basis income statement. For simplicity, we assume only one expense account (salaries). The following is data gathered from their records. Cash received from customers Cash paid for salaries Amounts customers owe the company at the beginning of the year (A/R) Amounts customers owe the company at the end of the year (A/R) Salaries payable at the beginning of the year Salaries payable at the end of the year HINT: SET UP THE T-ACCOUNT FOR ACCOUNTS RECEIVABLE AND SALARIES PAYABLE TO HELP ANSWER #1 &2. ASSUME ALL SALES WERE ON ACCOUNT AND SALARIES EXPENSE ARE PAYABLE FIRST $452,600 274,500 21,400 6,000 10.500 Question 1 0.38 pt 1 Determine the amount of revenue earned during the year S