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Current Attempt in Progress Your answer is partially correct. Bramble Industries collected $109,200 from customers in 2027. Of the amount collected, $26,000 was for services performed in 2026. In addition, Bramble performed services worth $41,600 in 2027, which will not be collected until 2028. Bramble Industries also paid $74,880 for expenses in 2027. Of the amount paid, $31,200 was for expenses incurred on account in 2026. In addition, Bramble incurred $43,680 of expenses in 2027, which will not be paid until 2028. (a) Compute 2027 cash-basis net income. Cash-basis net income $ 34320 (b) Compute 2027 accrual-basis net income. Accrual-basis net income $ eTextbook and Media Save for Later Attempts: 4 of 5 used Submit Answer 80 U DD F11 F3 F4 F10 a % A 9 O N 4 5 6 W E R T Y U O P S D F G H C K X C V B N M