During the year ended December 31, 2022, Blueberry Inc. received $250,000 cash for sales from customers. The company began the year with a balance in accounts receivable of $37,000, all of which was received in 2022. At the end of the year, customers owed Blueberry inc. $52,000 for services provided in 2022.

Calculate the revenue Blueberry Inc. should report in 2022 using:

a) cash basis of accounting

b) accrual basis of accounting