In its first year of operations, cullumber company recognized $33,700 in service revenue, $6,700 of which was on account and still outstanding at year-end. the remaining $27,000 was received in cash from customers. the company incurred operating expenses of $17,100. of these expenses, $13,300 were paid in cash; $3,800 was still owed on account at year-end. in addition, cullumber prepaid $2,730 for insurance coverage that would not be used until the second year of operations. calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.

(x3 + 6x2 + 2x - 6) • (x - 1)

step-by-step explanation:

polynomial long division :

3.2     polynomial long division

dividing :   x4+5x3-4x2-8x+6

                              ("dividend")

by         :     x-1     ("divisor")

dividend     x4   +   5x3   -   4x2   -   8x   +   6

- divisor   * x3     x4   -   x3            

remainder         6x3   -   4x2   -   8x   +   6

- divisor   * 6x2         6x3   -   6x2        

remainder             2x2   -   8x   +   6

- divisor   * 2x1             2x2   -   2x    

remainder               -   6x   +   6

- divisor   * -6x0               -   6x   +   6

remainder                     0

quotient :   x3+6x2+2x-6   remainder:   0