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7) Perkins Inc. accepted an advance of $32,400 on September 1, 2021, for providing IT helpdesk services for the following nine months. Perkins estimates fulfillment

7) Perkins Inc. accepted an advance of $32,400 on September 1, 2021, for providing IT helpdesk services for the following nine months. Perkins estimates fulfillment of its performance obligation based on the passage of time. On December 31, 2021, Perkins will make an adjusting entry that includes a credit to revenue of:

a. $18,000

b. $14,400

c. $10,800

d. $8,100

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