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Using the help of some high school students, Sheridan mowed lawns on Eastwood Avenue in May. It paid the high school students $270in Junefor thev

Using the help of some high school students, Sheridan mowed lawns on Eastwood Avenue in May. It paid the high school students $270in Junefor thev work perf formed in May. It sentt bills to its customers1 for $490i in. June fori its Mayr mowing work but did notr receivepayment until July. Byl how much will Sheridan's. June accrual- basis r net income d differ fromi its cash-basis r neti income or loss?O$220 $270$490 S0

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