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Carthage Caravans rents storage units. In the first month of operation, they collected cash and credit card receipts of $ 4 , 1 4 0

Carthage Caravans rents storage units. In the first month of operation, they collected cash and credit card receipts of $4,140 and during the month they rented thirty-six (36) storage units. All storage units rent out at $115.00 per month. They also received non- refundable deposits of $23.00 each on another five storage units. For two of those deposits the customers had not shown up, and the company did not refund the deposits; the other three deposits were for the following month. The appropriate amount for them to recognize as revenue for their first month is:A) $4,140B) $4,163_C) $ 4,186_D) $4,255

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