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5 WFO Corporation has gross receipts according to the following schedule: Year 1 Year 2 $23.90 million. $25.90 million Year 3 $27.90 million Year

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5 WFO Corporation has gross receipts according to the following schedule: Year 1 Year 2 $23.90 million. $25.90 million Year 3 $27.90 million Year 4 $26.40 million. Year 5 $26.90 million Year 6 $28.90 million If WFO began business as a cash-method corporation in Year 1, in which year would it have first been required to use the accrual method? Multiple Choice O Year 3.

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