The information below is for Mum Company . During the year. Muru Company signed consulting contracts totaling $44.000.000 . During the year, Mumu Company completed work on consulting contracts with a total contract price pf $17.300.000. Work on the remaining $26,700.000 in contract 20% completed. . During the year, Mumu Company collected ALL the cash from its consulting contracts totaling $44.000.000. The customers paid all of the cash this year even though all the won Is not yet completed (see the previous item . On January 1 of this year, Mumu Company purchased a machine for $11.900.000 cash. This machine is expected to be useful for 15 year. The machine has no va On November 17. Mumu Company purchased inventory for $2.800,000 cash. Mumu Company plans to sell the Inventory next year On May 1, Mumu Company borrowed $7.400,000 in cash from a local bank. The annual interest rate on the loan is 10K Mumu Company will repay the loan with terest year on April 31. What is Mumu Company's NET INCOME for this year? $24,023,333 O $21.223.333 $23.776,667 $42,713,333