Wayne Rogers Corp. maintains its financial records on the cash basis of accounting. Interested in securing a long-term loan from its regular bank, Wayne Rogers Corp. requests you as its independent CPA to convert its cash-basis income statement data to the accrual basis. You are provided with the following summarized data covering 2013, 2014, and 2015.

2013	2014	2015
Cash receipts from sales:
On 2013 sales	295,000	160,000	30,000
On 2014 sales	355,000	90,000
On 2015 sales	408,000
Cash payments for expenses:
On 2013 expenses	185,000	67,000	25,000
On 2014 expenses	40,000	a	160,000	55,000
On 2015 expenses	45,000	b	218,000

^aPrepayments of 2014 expenses.

^bPrepayments of 2015 expenses.