Hoffman, Incorporated adjusts its books each month but closes its books at the end of the year. The companys unadjusted trial balance at March 31 is as follows:

Debit Credit

Cash $ 11,060

Accounts Receivable 9,760

Supplies 1,440

Prepaid Insurance 2,960

Equipment 24,600

Accumulated Depreciation: Equipment $ 9,840

Unearned Service Revenue 7,200

Capital Stock 5,900

Retained Earnings 24,100

Dividends 1,700

Service Revenue Earned 15,510

Salaries Expense 8,500

Utilities Expense 530

Rent Expense 2,000

Totals $ 62,550 $ 62,550

According to service contracts, $4,950 of the Unearned Service Revenue has been earned in March. The amount of Service Revenue Earned to be reported in the March income statement is:

Multiple Choice

$10,560.

$20,460.

$19,760.

$15,510.