Please help, first time learning about accounting. Thank you

For each transaction, determine the amount of revenue or expense, if any, that is recorded under accrual-basis accounting and under cash-basis accounting P3-2B Horned Frogs Fine Cooking maintains its books using cash-basis accounting. However, the company recently borrowed $50,000 from a local bank, and the bank requires the company to provide annual financial statements prepared using accrual-basis accounting as part of the creditworthiness verification. During 2018, the company records the following cash flows $65,000 Cash collected from customers Cash paid for: Salaries Supplies Repairs and maintenance Insurance Advertising Net cash flows $23,000 9,000 8,000 4,000 6,00050,000 $15,000 You are able to determine the following information 2 $18,000 1,700 anua ecember 31, 2018 Accounts Receivable Prepaid Insurance Supplies Salaries Payable $13,000 4,200 2,000 2,800 4,200 Required Prepare an accrual-basis income statement for December 31, 2018, by calculating accrual-basis revenues and expenses