Flora provides CPA services. She started her business in 2023 and operates her business as a sole proprietorship. During 2023, she received cash of $40,000 for CPA services. Of the amount received in 2023, $5,000 relates to payments for tax return services to be performed in 2024. As of 12/31/2023, Flora also had accounts receivable of $2,000 for services provided in 2023 but for which Flora had yet to receive payment. Compute Flora's gross income under the Accrual Method assuming Flora filed the appropriate election to defer advanced payments for services.