Total Paint Services earned $ $115$ comma $000$$$115,000$ of service revenue during $20252025.$ Of the $ $115$ comma $000$$$115,000$earned$,$ the business received $ $85$ comma $000$$$85,000$ in cash. The remaining$$ amount, $ $30$ comma $000$$$30,000,$ was still owed by customers as of DecemberDecember $3131.$ In$$ addition, Total Paint ServicesTotal Paint Services incurred $ $75$ comma $000$$$75,000$ of expenses during the year. As of DecemberDecember $3131,$ $ $6$ comma $000$$$6,000$ of the expenses still needed to be paid. In$$ addition, Total Paint ServicesTotal Paint Services prepaid $ $8$ comma $000$$$8,000$ cash in DecemberDecember $20252025$ for expenses incurred during the next year.

Determine the amount of service revenue and expenses for $20252025$ using a cash basis accounting system.

Determine the amount of service revenue and expenses for $20252025$ using an accrual basis accounting system.