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Johns inc, collects all its revenues in advance of service. It started and ended the year w unearned revenue account balances of 700,000 and 985,000.

Johns inc, collects all its revenues in advance of service. It started and ended the year w unearned revenue account balances of 700,000 and 985,000. During the year, Johns collected 1,985,000 in cash from customers. How much revenue did the company record for the year?

1,700,000

2,270,000

1,985,000

2,685,000

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