Question: I need some help breaking down the problem to get the net income please Cash flows during the first year of operations for the Harman

I need some help breaking down the problem to get the net income please

Cash flows during the first year of operations for the Harman Kardon Consulting Company were as follows: Cash collected from customers, $355,000; Cash paid for rent, S43,000; Cash paid to employees for services rendered during the year. $123,000; Cash paid for utilities, $53,000 In addition, you determine that customers owed the company $63,000 at the end of the year and no bad debts were anticipated. Also, the company owed the gas and electric company $2,300 at year-end, and the rent payment was for a two-year period. Calculate accrual net income for the year. Net income

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