Question: I NEED HELP ASAP TIMED TEST WILL GIVE THUMBS UP Coronado Company had the following transactions during 2022: - Sales of $4400 on account -

I NEED HELP ASAP TIMED TEST WILL GIVE THUMBS UP

Coronado Company had the following transactions during 2022: - Sales of $4400 on account - Collected $2500 for services to be performed in 2023 - Paid $1610 cash in salaries - Purchased airline tickets for $270 in December for a trip to take place in 2023 What is Coronado's 2022 net income using cash-basis accounting? $5290.$5020$620.$890

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