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1. Skypress Company collected $11,200 in May of 2016 for 4 months of service which it is to be provided ratably (equal monthly amounts) from
1. Skypress Company collected $11,200 in May of 2016 for 4 months of service which it is to be provided ratably (equal monthly amounts) from October 1, 2016 through January 31, 2017. The revenue reported from this transaction during 2016 would be:
a.$8,400.
b. $0.
c. $11,200.
d. $2,800.
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