Moving to another question will save this response. Question 28 Xerox Corp had the following transactions during 2018: Service Revenue of $7,000 was invoiced to customers. Services were performed in 2018. Collected $2,000 cash for services to be performed in 2019 Paid $3,000 cash in salaries for services performed by employees in 2018 Paid $1,000 cash for an insurance policy. The term of the insurance policy is for January 2019 thru December 2019. What is Xerox's 2018 net income using accrual basis accounting? $4,000 $6,000 $3,000 $5,000 Moving to another question will save this response