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Javier operates a consulting business and uses the cash method of accounting for tax reporting. This tax year, Javier provided consulting services for which he

Javier operates a consulting business and uses the cash method of accounting for tax reporting.
This tax year, Javier provided consulting services for which he billed $155,067. Of the $155,067, Javier received payment of $132,056 for the services provided this tax year, and the remaining amount remains outstanding.
In addition, this year Javier received payment of $31,987 for services provided last tax year and a prepayment of $9,472 for services to be rendered next tax year.
For tax purposes, what amount of income does Javier report in the current tax year?

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