Revenues and the statement of cash flows. Lynda Watson started a consulting business on the first day of April. She provided consulting services for 30 hours in April and earned \(\$ 140\) per hour. Most of her clients paid her at the time she provided her services, but one customer, Ray Linch, asked Lynda to send him a bill for the 5 hours she worked for him and he would then send her a check. She sent Ray an invoice but had not received his payment by the end of April. When Lynda prepares her first monthly income statement, how much will the statement show for revenue for the month? How much will be shown on the statement of cash flows for the month as cash collected from customers? (LO 4)