Coronado Construction has an October 31 year end, On October 20 Coronado received a payment of $25900 from Cheyenne Industries as an advance on the construction for the new head office of Cheyenne. Construction was to have started October 25 but due to an early snowtall, construction did not start until November 7 . Construction is scheduled to be completed December 31 . How much revenue should Coronado report in its October 31 financial statements? $11800 $5600. 50. none of these