Violet's Power Washing (VPW) recently obtained a contract to wash all the windows at West State College. The contract price was $5,000. During July, VPW washed all of the windows, as agreed upon in the contract, but had only received partial payment of $2,500. The following information is also available: . In July, VPW incurred operating costs (for wages, rent, and utilities) of $1,000, of which $700 had been paid for by the end of the month (the remainder will be paid in future months). In July, VPW used up $200 worth of supplies that had been purchased and paid for in prior months. In July, VPW had depreciation expense on its equipment totaling $100. In July, VPW collected $800 on accounts receivable from customers for whom work had been completed in June. In July, VPW paid $200 to employees for wages that had been earned in June. a. Determine VPW's cash basis income for the month of July. Show your computations. b. Determine VPW's accrual basis income for the month of July. Show your computations