Reema a consultant, during the financial year 2015-16 earned Rs8,00,000 out of which received only Rs7,20,000. He incurred an expense of Rs2,20,000 out of which Rs50,000 are outstanding. He also received consultancy fee relating to the previous year Rs45,000 , paid Rs25,000 expenses of last year and received Rs35,000 as fee for the next year. You are required to calculate her income for the year 2015-16 if (i) she follows cash basis of accounting (ii) she follows accrual basis of accounting.