Question 15 5 pts Kenny Novak operates a local proprietorship and he uses the cash method of accounting. and this year he received the following payments among other revenue: $10,750 in cash from various customers for services rendered this year a promise from two separate customers to pay $2,500 and $3,125 respectively for services rendered this year a small lot of land with a FMV of $25,000 as payment for services performed last year a check for $1,700 for services rendered this year that Kenny forgot to cash How much income should Kenny realize on Schedule C? $12,450 $35,750 $10,750 $37,450 $16,375