Denny Co. sells major household appliance service contracts for cash. The service contracts are for a one-year, two-year, or three-year period. Cash receipts from contracts are credited to Unearned Service Revenues. This account had a balance of $900,000 at December 31, 2011 before year-end adjustment. Service contracts still outstanding at December 31, 2011 expire as follows: Service contracts still outstanding at December 31, 2011 expire as follows: During 2012 During 2013 During 2014 $190,000 $285,000 $125,000 What amount should be reported as Unearned Service Revenues in Denny's December 31, 2011 balance sheet? $900,000 O $600,000 $1,500,000 $300,000