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D Question 5 2.5 pts During 20X1 ABC Company earned revenues of $10 million. Expenses incurred were $7 million. ABC collected $6 million of

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D Question 5 2.5 pts During 20X1 ABC Company earned revenues of $10 million. Expenses incurred were $7 million. ABC collected $6 million of the total revenue earned in cash and paid $5 million of the total expenses incurred in cash. Under cash-basis accounting, how much revenues should ABC Company report for 20X1? $6 million $4 million $3 million $10 million

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