(8) Art Attack Paint Shop is a center that offer art classes for kids. On November 1, the Shop had enrollees paying tuition amounting $6,000. The art classes will run for three months from November to January of the following year. How much revenue should Art Attack recognize on January of the following year if they make adjustments every December 31 of the year. Pia's Grocery Store showed the following account balances at December 31, 2020: Cash Accounts receivable Accounts payable Land used in operations Brand name Delivery Equipment Salary expense Taxes Payable Notes Receivable Unearned Revenues $22,000 49,000 17,000 161,000 12,000 13,600 18,000 15,000 49,600 8,000 (9) Total assets equal to 5 (10) Total liabilities equal to