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 $440,000 Cash collections in 2021 for accounts 26,000 billed in 2020 Cash collections in 2021 for accounts billed in 2021 300,000 Cash paid for supplies purchased in 2021 10,000 Supplies remaining at the end of 2021 2,200 Cash paid for salaries in 2021 12,500 Cash paid for annual rent on March 1, 20,000 2021 Calculate the amount of revenues and expenses for 2021 under cash-basis accounting. Cash-basis revenues Cash-basis expenses