Use the following information for the next two (2) questions: Jo maintains the accounting records of XYZ Company on a cash basis. During 2018, Fajardo Company collected $145,000 from its customers and paid $54,000 in expenses. The following were provided in Jo's preparation of an accrual basis income statement: Use the following information for the next two (2) questions: BLM Company uses cash basis accounting. The company made $1,000,000 in payments to its supplies during the year. BLM's beginning inventory was $40,000 and its ending inventory was $70,000. Moreover, BLM had a beginning Accounts payable of $100,000 and an ending Accounts payable of $140,000. Account Increase (Decrease) Accounts receivable 9,000 Question 3 What is BLM's accrual basis purchases for the year? Unearned service revenue 5,000 Accrued expenses (8,000) Question 4 What is BLM's cost of goods sold for the year? Prepaid expenses 4,000 Question 1 The amount of service revenue to be reported in 2019 under accrual basis of accounting is Question 2 The amount of operating expenses to be reported in 2019 under the accrual basis of accounting is Question 5 Under the accrual basis, rental income of RIGHT Company for the calendar year 2021 is $1,200,000. The company had a balance of $100,000 in its Unearned Rental Income at the beginning of the year and $150,000 at the end of the year. It also had a balance of $60,000 in its Accrued Rental Income at the beginning of the year and $80,000 at the end. What is the rental income under the cash basis of accounting?