Show Attempt History Current Attempt in Progress Sarah Allen, M.D, maintains the accounting records of Allen Clinic on a cash basis. During 2020, Dr. Allen collected $139,238 from her patients and paid $50,962 in expenses. At January 1, 2020, and December 31, 2020, she had accounts receivable, unearned service revenue, accrued expenses, and prepaid expenses as follows. (All long-lived assets are rented.) January 1, 2020 December 31, 2020 Accounts receivable $8,855 $15,690 Unearned service revenue 2,561 4,131 Accrued expenses 3,259 2,243 Prepaid expenses 2,067 3,003 Prepare a schedule that converts Dr. Allen's "excess of cash collected over cash disbursed" for the year 2020 to net income on an accrual basis for the year 2020. SARAH ALLEN, M.D. Conversion of Cash Basis to Accrual Basis For the Year 2020