26 During 2021, Ocean Consulting had the following transactions with its clients (customers) On February 1, 2021, the company received cash of $6,800 from clients in payment of their account balances as of December 31, 2020. On November 1, 2021, the company received $3,800 cash as payments in advance for services to be performed in 2022 The company received a total of $22.000 in cash for services that were performed during 2021. The company sent bills totaling $5,800 to clients for services performed during 2021; this amount was unpaid as December 31, 2021 What is the amount of Service Revenue that will be reported on the income statement for the year 2021? Multiple Choice $31,600 $34,600 $38,400 $27,800