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C Corp., a calendar year, cash - basis taxpayer, received the following payments ( all received in 2 0 2 4 ) : $ 2

C Corp., a calendar year, cash-basis taxpayer, received the following payments (all received in 2024):
$218,000 payment for services to be performed next year (in 2025)
$118,000 payment for services performed last year (in 2023)
$6,449,000 payment for services performed this year (in 2024)
In addition, at the end of 2024, C Corp. held accounts receivable in the amount of $1,876,561, all for services rendered in 2024.
What amount of gross income does C Corp. recognize in 2024?

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