Orange Cable TV Company, an Accrual Basis Taxpayer, Allows Its

Orange Cable TV Company, an accrual basis taxpayer, allows its customers to pay by the year in advance ($500 per year), or two years in advance ($950). In September 2014, the company collected the following amounts applicable to future services:
$\begin{array}{llr} \text { October 2014-September 2016 services (two-year contracts) } &\$144,000\\ \text { October 2014-September 2015 services (one-year contracts) } &128,000\\ \text { Total} &\$272,000\end{array}$


$\text { As a result of the above, Orange Cable should report as gross income: }$

A) $\$ 272,000$ in 2014 .
B) $\$ 128,000$ in 2014 .
C) $\$ 168,000$ in 2015 .
D) $\$ 222,000$ in 2015 .
E)None of the above