P4-1A  Record transactions on accrual basis; convert revenue to cash receipts.    The following selected data are taken from the comparative financial statements of Yankee   Curling Club.  The club prepares its financial statements using the accrual basis of accounting.               September 30 2017 2016  Accounts receivable for member dues  $15,000   $19,000    Unearned sales revenue  20,000 23,000   Service revenue (from member dues) 151,000 135,000             Dues are billed to members based upon their use of the club's facilities.  Unearned sales    revenues arise from the sale of tickets to events, such as the Skins Game.               Instructions         (Hint:  You will find it helpful to use T-accounts to analyze the following data.  You must   analyze these data sequentially, as missing information must first be deduced before   moving on.)         (a) Use the tabular summary that includes selected accounts and balances to record the following events that took place during 2017. 1.  Dues receivable from members from 2016  were all collected during 2017.    2.  During 2017, goods were provided for all of the unearned sales revenue at the end         of 2016.         3.  Additional tickets were sold for $44,000 cash during 2017, a portion of these were         used by the purchasers during the year.  The entire balance remaining in Unearned         Sales Revenue relates to the upcoming Skins Game in 2017.     4.  Dues of $151,000 for the 2016-2017 fiscal year were billed to members.    5.  Dues receivable for 2017 (i.e., those billed in item (4) above ) were partially collected.  (b)Determine the amount of cash received by Yankee from the above transactions during   the year ended September 30, 2017.