A company using the cash basis of accounting reports net income for 2014 of $45,460. If the company had used the accrual basis of accounting it would have reported the following year-end balances: 
Instructions:
Determine the company's net income under the accrual basis of accounting. Show your calculations. Use the column headings shown below. 
Definitions:
VLAN Number
A numerical identifier used to segment a computer network into virtual, rather than physical, LANs for improved security and management.
Networked Printer
A printer connected to a computer network that allows multiple users and devices to print documents from different computers on the same network.
OSHA
A division of the U.S. Department of Labor that promotes safe and healthy working conditions by enforcing standards and providing workplace safety training.
Workplace Safety
Workplace Safety refers to the management of all operations and events within a work environment to protect employees and assets by minimizing hazards, risks, accidents, and near misses.
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