ST D Question 2 2.5 pts T-R-Y maintains its records on the cash basis. During this past year T-R-Y collected $240,000 cash from sales and paid $102,000 in expenses. Depreciation expense totaled $24,000. Accounts receivable decreased 12,000. Pre-paid rent increased 2,400. Accounts payable decreased $4,800, and short-term notes payable increased 16,800. Pat's accrual-basis net income was: $92,400 $109,200 $110,400 $98,400 Previous MacBook Pro N