Claymore Corporation maintains its book on a cash basis. During 2021, the company collected $950,000 in fees from its clients and paid $662, about accounts receivable, supplies, prepaid rent, salaries payable, and interest payable: December 31, 2021 December 31, 2020 $110,000 $120,000 Accounts receivable 18,000 15,000 Supplies Prepaid rent 11,000 13,000 20,000 18,000 Deferred revenue 22,000 25,000 Interest receivable 17,000 15,000 Prepaid Insurance 26,000 22.000 Deferred rent revenue 18,000 16,000 Salaries payable 5,000 6,000 Interest payable and 2.) expense In addition, 2021 depreciation expense on office equipment is $20,000. Copy the statement below and answer in the same format. Required: Determine accrual-basis 1.) revenue 11 1 Claymore Corporation maintains its book on a cash basis. During 2021, the company collected $950,000 in fees from its clients and paid $662, about accounts receivable, supplies, prepaid rent, salaries payable, and interest payable: December 31, 2021 December 31, 2020 $110,000 $120,000 Accounts receivable 18,000 15,000 Supplies Prepaid rent 11,000 13,000 20,000 18,000 Deferred revenue 22,000 25,000 Interest receivable 17,000 15,000 Prepaid Insurance 26,000 22.000 Deferred rent revenue 18,000 16,000 Salaries payable 5,000 6,000 Interest payable and 2.) expense In addition, 2021 depreciation expense on office equipment is $20,000. Copy the statement below and answer in the same format. Required: Determine accrual-basis 1.) revenue 11 1