Required Information The following Information applies to the questions displayed below] During 2015, Maverick Law Firm had the following transactions with It clients (customers): . On February 1, 2015, the company receved cash of $5,000 from clients In payment of thelr account balances as of December 31, 2014. for law services to be performed In 2016. during 2015. this amount was unpald as December 31, 2015. . On November 1, 2015, the company recelved $2,000 cash as payments In advance . The company recelved a total of $13,000 In cash for law services that were performed . The company sent bills totaling $4,000 to cllents for services performed during 2015; What is the amount of Law Services Revenue that will be reported on the Income statement for the year 2015? Multiple Choice $22,000 $19,000 $17000 $24.000 Based on the activitles above, as a result of these transactions during 2015, the law firm's stockholders' equity will basis accounting). Assume Maverick Law Flrm uses accrual Multiple Choice decrease by $19,000. Increase by $24.000. Increase by $17.000 decrease by $22.000