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X Company is a service company and prepares monthly financial statements. In March, it billed customers $417,000 for services it provided; in April, It billed

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X Company is a service company and prepares monthly financial statements. In March, it billed customers $417,000 for services it provided; in April, It billed customers $366,000 for services It provided. In April, the company received $284,000 from its March customers and $280,000 from its April customers. Which of the following amounts will appear on X Company's April Income Statement and Statement of Cash Flows? Income Statement, 5564,000; Statement of Cash Flows, $783,000 both statements, S366,000 Income Statement, $366,000; Statement of Cash Flows, $564,000 Income Statement, $783,000; Statement of Cash Flows, $564,000 both statements, $280,000 Income Statement, $564,000; Statement of Cash Flows, $366,000 Submit Answer Tries 0/99

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