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The following is selected information from Ayayai Corp. for the fiscal year ending October 31, 2025. Cash received from customers Revenue recognized Cash paid for
The following is selected information from Ayayai Corp. for the fiscal year ending October 31, 2025. Cash received from customers Revenue recognized Cash paid for expenses Cash paid for computers on November 1, 2024 that will be used for 3 years Expenses incurred including any depreciation Proceeds from a bank loan, part of which was used to pay for the computers O $131600 O $109040 O $124080 $141000 O $99640 211500 79900 Based on the accrual basis of accounting, what is Ayayai's net income for the year ending October 31, 2025? 22560 111860 47000
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