Exercise 3-3 Your answer is incorrect. Try again. Primo Industries collected $105,970 from customers in 2015. Of the amount collected, $24,860 was from services performed in 2014. In addition, Primo performed services worth $38,936 in 2015, which will not be collected until 2016. Primo Industries also paid $73,461 for expenses in 2015. Of the amount paid, $30,538 was for expenses incurred on account in 2014. In addition, Primo incurred $42,076 of expenses in 2015, which will not be paid until 2016. (a) Compute 2015 cash-basis net income. Cash-basis net income (b) Compute 2015 accrual-basis net income. Accrual-basis net income