For the BRB Company, all customers pay in advance for the services they will receive and all amounts are entered in Unearned Revenue. During 2018, $192,250 was received in cash from customers. In the December 31, 2018, financial statements, the firm reported $225,500 in Revenue and $43,700 in Unearned Revenue. What was the beginning balance in Unearned Revenue at January 1, 2018?

Select one:

a.$76,950

b.$10,450

c.$417,750

d.$33,250

e.$97,850