The following activities occurred in 2020: Performed advertising services on account, $68,250. Received cash payments on account, $13,200. Received deposits from customers for advertising services to be performed in 2020, $4,400. Made payments to suppliers on account, $5,470. Incurred $55,850 of operating expenses; $48,400 was paid in cash and $7,450 was on account and unpaid as of the end of the year. What is the amount of revenue that will be reported on the income statement for the year ended December 31, 2020