ABC Company had the following transactions during the month. What would be the total amount of service revenues for the month if ABC Company uses the cash basis method? a. Paid $7,200 for insurance for the next 12 months. b. Received $2,400 for services to be performed equally over the next 6 months. c. Paid $1,000 for the current month's rent. d. Paid $300 cash for office supplies. e. Paid $500 in Salaries Expense. 1. Received $1,100 in cash for service revenue earned this month. A. $3,500 OB. $2,300- OC. $1,500 OD. $1,700