Hensley Painting Company painted four houses in June at $500 each.At the end of June, three homeowners had paid Hensley cash for the jobs.Under the accrual basis, what amounts will be reported on the income statement and the statement of cash flows for June? 
Definitions:
Regression Line
A line of best fit through a dataset, used in regression analysis to model the relationship between a dependent variable and one or more independent variables.
Y-Intercept
The location on a graph where a line intersects with the y-axis.
Sample Y-Intercept
The point at which a sample regression line crosses the Y-axis, indicating the value of the dependent variable when all independent variables are zero.
Sample Slope Coefficient
The sample slope coefficient is a measure in regression analysis that represents the rate of change in the dependent variable for every unit change in an independent variable.
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