View Policies Current Attempt in Progress The following is selected information from Pharoah Company for the fiscal year ending October 31, 2022 $372000 545600 210800 Cash received from customers Revenue recognized Cash paid for expenses Cash paid for computers on November 1, 2021 that will be used for 3 years Expenses incurred including any depreciation Proceeds from a bank loan, part of which was used to pay for the computers 59520 267840 124000 Based on the accrual basis of accounting what is Pharoah's net income for the year ending October 31.20227 O $334800 O $257920 $314960 $277760