Use the following to answer questions 9 - 10 On October 1st, the company received a $40,000 payment from a customer for services to be rendered evenly over the next four months. Deferred Revenue was credited on October 1Ht and no other entries regarding this transaction were made until December 31 st. 9. 5 After the adjusting entry has been recorded on December 3141, determine the ending balance in the deferred revenue account that should be recorded on the December 31st Balance Sheet. 10. $ After the adjusting entry has been recorded on December 31st, determine the amount of service revenue that should be recognized for this customer on the annual income statement on December 31 st