WFO Corporation has gross receipts according to the following schedule: If WFO began business as a cash-method corporation in Year 1, in which year would it have first been required to use the accrual method?

Question

WFO Corporation has gross receipts according to the following schedule:  If WFO began business as a cash-method corporation in Year 1, in which year would it have first been required to use the accrual method?

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The Answer of WFO Corporation has gross receipts according to the following schedule:  If WFO began business as a cash-method corporation in Year 1, in which year would it have first been required to use the accrual method?

WFO Corporation Has Gross Receipts According to the Following Schedule