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Huwi Company maintains its book on the accrual basis. The rent receivable at January 1, 2020 amounted to $800 and December 31, 2020 amounted to
Huwi Company maintains its book on the accrual basis. The rent receivable at January 1, 2020 amounted to $800 and December 31, 2020 amounted to $1,700. Cash collected from rent during the year 2020 totaled $2,600.
Required: What is the reported rent revenue for the year 2020?
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