Question: Current Attempt in Progress Pina Colada Corp. had the following transactions during 2024: Sales of $11880 on account Collected $5280 for services to be

Current Attempt in Progress Pina Colada Corp. had the following transactions during 2024: Sales of $11880 on account Collected $5280 for services to be performed in 2025 Paid $2860 cash in salaries Purchased airline tickets for $660 cash in December for a trip to take place in 2025 What is Pina Colada's 2024 net income using cash basis accounting? O $14300 $2420 $3080 O $1760

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