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On September Year 1 Gomez Company collected $19.800 in advance from a customer for services to be provided over a one year period beginning on

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On September Year 1 Gomez Company collected $19.800 in advance from a customer for services to be provided over a one year period beginning on that date. How much revenue would Gomez Company report related to this contract on its income statement for the year ended December 31 Year P How much would the company report as net cash flows from operating activities for Year Multiple Choice $6,500 56.500 $5.600 5800 $0 $1,800 $19.800

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