Exercise 3-3 x Your answer is incorrect. Try again. Tamarisk Industries collected $105,000 from customers in 2019. Of the amount collected, $25,400 was for services performed in 2018. In addition, Tamarisk performed services worth $38,800 in 2019, which will not be collected until 2020. Tamarisk Industries also paid $71,800 for expenses in 2019. Of the amount paid, $29,500 was for expenses incurred on account in 2018. In addition, Tamarisk incurred $43,000 of expenses in 2019, which will not be paid until 2020. (a) Compute 2019 cash-basis net income. Cash-basis net income 40800 (b) Compute 2019 accrual-basis net income. Accrual-basis net income 28800