transactions with its clients (customers):\ On February 1,2021 , the company received cash of

$10,000

from clients in payment of their account balances as of December 31, 2020.\ On November 1,2021 , the company received

$4,000

cash as payments in advance for services to be performed in 2022.\ The company received a total of

$26,000

in cash for services that were performed during 2021.\ The company sent bills totaling

$8,000

to clients for services performed during 2021; this amount was unpaid as December 31, 2021.\ Which of the following statements about the activities for Ocean Consulting for 2021 is correct?

transactions with its clients (customers): - On February 1,2021 , the company received cash of $10,000 from clients in payment of their account balances as of December 31, 2020. - On November 1,2021 , the company received $4,000 cash as payments in advance for services to be performed in 2022 - The company received a total of $26,000 in cash for services that were performed during 2021. - The company sent bills totaling $8,000 to clients for services performed during 2021; this amount was unpaid as December 31, 2021. Which of the following statements about the activities for Ocean Consulting for 2021 is correct