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Andre's Tennis Club sells season memberships for $1,200 each. During January of 2010, 50 season memberships were sold. As of March 31, 2010 only $30,000

Andre's Tennis Club sells season memberships for $1,200 each. During January of 2010, 50 season memberships were sold. As of March 31, 2010 only $30,000 of season membership fees had been collected from customers. The tennis season runs for 6 months starting April 1, 2010. Which one of the following is an amount reported on the balance Sheet date March 31, 2010

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