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The records for Kiley Company showed the following for 2020: Jan. 1 Dec. 31 Unearned revenue$1,100$2,160 Accrued revenue1,260920 Cash collected during the year for revenue,

The records for Kiley Company showed the following for 2020:

Jan. 1Dec. 31

Unearned revenue$1,100$2,160

Accrued revenue1,260920

Cash collected during the year for revenue, $75,000

Show the computation of the amount of revenue that should be reported on the income statement.

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