Cathy Company started a business on January 1, 2021. After the first year of operations Cathy reported the following amounts on its 12/31/2021 Income Statement and Balance Sheet: Revenue: $70,000 Accounts Receivable: $8,000 From this information one can conclude: Cathy Company has not yet received $8,000 of the $62,000 revenue it earned during 2021. Cathy Company has not yet received $8,000 of the $70,000 revenue it earned during 2021. Cathy Company has not yet received $62,000 of the $70,000 revenue it earned during 2021. Cathy Company has not yet received $8,000 of the $78,000 revenue it earned during 2021.