TB MC Qu. 2-73 (Algo) Molly's Auto Detailers maintains its records on the cash basis... Molly's Auto Detailers maintains its records on the cash basis. During 2021, Molly's collected $73,900 from customers and paid $20.200 in expenses. Depreciation expense of $4,400 would have been recorded on the accrual basis. Over the course of the year, accounts receivable increased $4100, prepaid expenses decreased $2,600, and accrued liabilities decreased $2,700. Molly's accrual-basis net income was Multiple Choice O $53,500 O $48300 598.500 receivable increased $4100, prepaid expenses decreased $2,600, and accrued Habilities decreased $2,700. Molly's accrual basis net income was Multiple Choice O $53,500 $48,100 O $98,500 O $45.100