Gregg Corp. reported revenue of $1,450,000 in its cash basis income statement for the year ended Dec. 31, Year 7. Additional information was as follows: Accounts receivable, Jan 1 , Year 7$400,000 Accounts receivable, Dec 31 , Year 7$530,000 Under the accrual basis, Gregg would report revenue of $1,580,000$1,035,000$1,335,000$1,505,000