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Adkins Company is hired on December 1 5 , 2 0 2 6 to perform services, beginning on December 1 6 , 2 0 2

Adkins Company is hired on December

15, 2026

to perform

services, beginning on December

16, 2026 .

Under this

agreement, Adkins will earn $

4

comma

000

monthly and receive payment on January

15, 2027 .

What amount of service revenue should be recorded for the year ending December

31, 2026 ?

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