5. The following account balances are taken from the December 31, 2018, financial statements of ABZ Advertising Company. The company uses accrual basis accounting.

Advertising Revenue $ 56,516 Cash 50,299 Accounts Receivable 8,262 Interest Expense 2,493 Accounts Payable 5,420 Operating Expenses 45,778 Deferred Revenue 1,430 Equipment 22,041 Income Tax Expense 2,826

The following activities occurred in 2019:

Performed advertising services on account, $66,850.

Received cash payments on account, $12,900.

Received deposits from customers for advertising services to be performed in 2020, $4,200.

Made payments to suppliers on account, $5,420.

Incurred $54,700 of operating expenses; $47,400 was paid in cash and $7,300 was on account and unpaid as of the end of the year.

What is the amount of revenue that will be reported on the income statement for the year ended December 31, 2019?