The following table shows marginal and average total cost schedules for a perfectly competitive firm. currently, the market price in this industry is $8. output (units) (q) marginal cost (mc) average total cost (atc) 0 -- -- 1 2 12 2 4 8 3 6 5 4 8 8 5 10 8 a profit-maximizing firm will produce 4 units. (enter your response as an integer.) the firm's short-run profit at this level of output is $ (round your response to the nearest penny.)

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.