The following activities occurred in 2021: 1. Performed advertising services on account, $66,200. 2. Received cash payments on account, $12,800. 3. Received deposits from customers for advertising services to be performed in 2022,$4,100. 4. Made payments to suppliers on account, $5,400. 5. Incurred $54,200 of operating expenses; $47,000 was paid in cash and $7,200 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, 2021? Multiple Choice $66,200 $70,300 $47,000