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The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December 31, 2021: Selected Data as of December

The following data are taken from the cash-basis accounting records of Myerson Company for the year ended December 31, 2021:

Selected Data as of December 31, 2021
Customers billed in 2021 for services provided $ 400,000
Cash collections in 2021 for accounts billed in 2020 29,000
Cash collections in 2021 for accounts billed in 2021 200,000
Cash paid for supplies purchased in 2021 10,000
Supplies remaining at the end of 2021 2,100
Cash paid for salaries in 2021 13,500
Cash paid for annual rent on March 1, 2021 20,000

Calculate the amount of revenues and expenses for 2021 under cash-basis accounting.

Cash Basis revenue?

cash basis Expense?

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