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VanGessel Law Firm collected cash advances of $17,400,000 from its clients during the current year. The adjusted balance in the Deferred revenue account increased from

VanGessel Law Firm collected cash advances of $17,400,000 from its clients during the current year. The adjusted balance in the Deferred revenue account increased from $5.0 million to $8.3 million dollars during the year. What is VanGessel's revenue recognized for the current year?

Multiple Choice

1.$9,100,000

2.$20700.000

3.$14100.000

4. $17400.000

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