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Data Company provides you with the following list of normal account balances reported by the company at 12/31/2017 & 12/31/2018. 12/31/2017 12/31/2018 Accounts Payable $9,000
Data Company provides you with the following list of normal account balances reported by the company at 12/31/2017 & 12/31/2018.
12/31/2017 | 12/31/2018 | ||
Accounts Payable | $9,000 | $11,000 | |
Accounts Receivable | 27,000 | 32,000 | |
Accumulated Depreciation | 12,000 | 15,000 | |
Allowance for Doubtful Accounts | 2,000 | 1,000 | |
Cash | 33,000 | 37,000 | |
Equipment | 50,000 | 50,000 | |
Merchandise Inventory | 12,000 | 15,000 | |
Office Supplies | 2,000 | 3,000 | |
Prepaid Insurance Expense | 12,000 | 14,000 | |
Rent Payable | 2,000 | 3,000 | |
Salary Payable | 4,000 | 2,000 | |
Unearned Revenue | 5,000 | 3,000 |
Additionally, Data shares that for the twelve months ended 12/31/2018 the company declared $21,000 of dividends and incurred $345,000 of expense. There were no capital contributions made by owners during this time. How much revenue did Data report for the twelve months ended 12/31/2018?
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