During the month of December 2020, Juices-R-Us sold juices valued at $50,000 on account. The opening balance of accounts receivables at the beginning of the month was $10,000 and at the end of the month the balance of accounts receivable was $-O-. The outstanding liability for gift cards was $2,000 at the beginning of the month and during the month customers paid cash and bought additional gift cards worth $15,000 for products to be sold in 2021. No gift cards were redeemed during the month of December. Using the data answer the following questions: The cash collected from Accounts Receivable during the month of December is A/ The reported revenue for the month of December is A/ The amount of deferred revenue liability reported at the end of December is A/