Indan River Company assigns some of ins patents to other enterpnises under a vaniety of licensing agreements. In some instances, advance royalties are received when the agreements are signed, and in others, royalties are remitted within soty days aee each license year-end. The following data are incuded in the December 31 balance sheet Cuesson 4 2016 590,000 70.000 85.000 60,000 Uneamed royalties Durning 2016, Indian River received royalty remtances of $200 000 In its income statement for the year ended December 31, 2016 Indian River should report royalty income of Seled one o a 5230,000 b $196,000 C $215,000 d $185,000 e 5205,000