Cash Basis
Argent Inc Instructions
Calculate the Revenue for the Year on a Cash

Cash basis
Argent Inc. reported the following information for their 2020 fiscal year:
$\begin{array}{llcc} \text {Revenue on the income statement..................................... } &\$114,000 \\ \text { Accounts receivable, Jan 1...............................................} &3,200\\ \text {Accounts receivable, Dec 31.............................................. } &6,120\\ \text { Unearned revenue, Jan 1.................................................. } &1,200\\ \text { Unearned revenue, Dec 31................................................} &1,840\\\end{array}$

Instructions
Calculate the revenue for the year on a cash basis.