[The following information applies to the questions displayed below.]

The following account balances are taken from the December 31, 2015, financial statements of ABZ Advertising Company. The company uses accrual basis accounting.

Advertising revenue	$ 56,516
Cash	50,299
Accounts receivable	8,262
Interest expense	2,493
Accounts payable	5,420
Operating expenses	45,778
Unearned revenue	1,430
Equipment	22,041
Income tax expense	2,826

The following activities occurred in 2016:

1.	Performed advertising services on account, $66,850.
2.	Received cash payments on account, $12,900.
3.	Received deposits from customers for advertising services to be performed in 2017, $4,200.
4.	Made payments to suppliers on account, $5,420.
5.	Incurred $54,700 of operating expenses; $47,400 was paid in cash and $7,300 was on account and unpaid as of the end of the year.

What is the balance in the Cash account at December 31, 2016?

$57,779

$50,299

$14,579

$55,593

What is the amount of revenue that will be reported on the income statement for the year ended December 31, 2016?

$61,430.

$71,050.

$47,400.

$66,850.