Henry, Inc. provided $$2,000$ of services in Year $1$ but did not collect cash from its customers until Year $2.$ Select the correct answer from the following options assuming Henry used accrual accounting.

Multiple Choice

The Company will recognize $$2,000$ of cash flow from operations in Year $1$ and $$2,000$ of revenue in Year $2.$

The Company will recognize $$2,000$ of revenue and $$2,000$ of cash flow from operations in Year $1.$

The Company will recognize $$2,000$ of revenue in Year $1$ and $$2,000$ of cash flow from operations in Year $2.$

The Company will recognize zero of revenue in Year $1$ and $$2,000$ of revenue in Year $2.$