Richardson Company reported cash basis net income of $50,000 for 2020. The following data are provided December 31, 2020 December 31, 2019 Accounts payable $40,000 $50,000 Accounts receivable $60,000 $40,000 In its 2020 income statement how much will Richardson report as accrual basis net income? A $20.000 8.560.000 C $50.000 00:$40,000 O E $80,000