Total Pool Services earned $120,000 of service revenue during 2018 of the $120.000 earned the business received $88,000 in cash The remaining amount $32,000, was stilowed by customers as of December 31 In addition, Total Pool Services incurred $72,000 of expenses during the year As of December 31, 57000 of the expenses still needed to be paid in addition, Total Pool Services prepaid $12,000 cash in December 2018 for expenses incuried during the next year 1. Determine the amount of service revenue and expenses for 2018 using a cash basis accounting system 2. Deformine the amount of service revenue and expenses for 2018 using an accrual basis accounting system 1. Determine the amount of service revenue and expenses for 2018 using a cash basis accounting system Cash basis Service revenue Expenses