In Year $1,$ Lee Incorporated billed its customers $$57,800$ for services performed. The company collected $$40,500$ of the amount billed. Lee incurred $$36,600$ of other operating expenses on account, and paid $$23,400$ of the accounts payable. It acquired $$37,000$ cash from the issue of common stock and invested $$14,000$ cash in the purchase of land. What amount of revenue will Lee report on the Year $1$ income statement?