Elite Property management adjusts it's books and prepares financial statements each month. The unadjusted trial balance as of February 28 (before accrual basis entries) is as follows:

Cash	8310
Account Receivable	6000
Prepaid Advertising	1800
Supplies	750
Equipment	14400
Accumulated Depr - equip		5000
Unearned Revenue		3900
Income Tax PayableCommon Stock		5000
Retained earnings May 1,2009		3300
Management Fees Earned		17,500
Salaries Expense	6400
Utilities Expense	240
Rent Expense	900
	38,800	38,800

According to property management contracts, $2,400 of the amount in the Unearned Management Fees account has been earned in February. The amount of Management Fees Earned (revenue) to be reported in the February income statement is:

		$2,400.
		$15,100.
		$19,900.
		$17,500