Gary, a consultant, keeps accounting records on a cash basis. In year 2, Gary collected $300,000 in fees from clients. At 12/31/Year 1, Gary had an accounts receivable of $50,000. At 12/31/Year 2, Gary had accounts receivable of $70,000, and unearned revenue of $6,000. If Gary used accrual basis, what would service revenue be for year 2?

Question 2 options:

	250,000
	314,000
	320,000
	300,000