Pina colada industries collected $105,000 from customers in 2019. of the amount collected, $25,700 was for services performed in 2018. in addition, pina colada performed services worth $40,700 in 2019, which will not be collected until 2020. pina colada industries also paid $72,900 for expenses in 2019. of the amount paid, $30,500 was for expenses incurred on account in 2018. in addition, pina colada incurred $43,200 of expenses in 2019, which will not be paid until 2020. compute 2019 cash-basis net income.

Wo firms, a and b, each currently dump 50 tons of chemicals into the local river. the government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. it costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. the government gives each firm 20 pollution permits. government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. what is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other? a. $3,000; $1,500 b. $4,500; $3,500 c. $4,500; $4,000 d. $4,500; $2,500