Taylor Marina has 300 available slips that rent for $1,000 per season. Payments must be made in full at the start of the boating season, April 1, 2015. Slips for the next season may be reserved if paid for by December 31, 2014. Under a new policy, if payment is made by December 31, 2014, a 10% discount is allowed. The boating season ends October 31, and the marina has a December 31 year-end. To provide cash flow for major dock repairs, the marina operator is also offering a 25% discount to slip renters who pay for the 2016 season. For the fiscal year ended December 31, 2014, all 300 slips were rented at full price. 200 slips were reserved and paid for the 2015 boating season, and 80 slips for the 2016 season were reserved and paid for.

12. How much revenue would be recorded in 2014 related to the above transactions?

13. How much cash would have been collected in 2014 related to the above transactions?

14. How much unearned revenue would be remaining at the end of 2015 related to the above transactions?