You are provided the following information for the Del Ray Consulting Associates. Click the icon to view the data.) Requirement Assume that all supplies purchased were used in operations in the year of purchase. Rental payments pertain to rental space used in the year of payment. 1. Prepare an income statement for Del Rayfor 2023and 2022under both the cash and the accrual basis of accounting. 2. Compute operating cash flow for both years under cash and accrual bases. Requirement 1. Prepare an income statement for Del Ray for 2023 and 2022 under both the cash and the accrual basis of accounting. Begin by preparing Del Ray's income statement for 2023 and 2022 under the accrual basis of accounting and then for 2023 and 2022 under the cash basis. (If an input field is not used in You are provided the following information for the Del Ray Consulting Associates. Requirement 1. Prepare an income statement for Del Ray for 2023 and 2022 under both the cash and the accrual basis of accounting. Begin by preparing Del Ray's income statement for 2023 and 2022 under the accrual basis of accounting and then for 2023 and 2022 under the cash basis. (If an input field is not used in the statement, leave the input field empty; do not select a label or enter a zero.) Data table