A company has the following accrual-basis balances at the end of its first year of operation:

Unearned consulting fees	$ 2,000
Consulting fees receivable	3,500
Consulting fee revenue	25,000

The companys cash-basis consulting revenue is what amount?

A.

$30,500

B.

$23,500

C.

$26,500

D.

$19,500