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Walton Company collected $14,400 in May of 2016 for 4 months of service which would take place from October of 2016 through January of 2017.

Walton Company collected $14,400 in May of 2016 for 4 months of service which would take place from October of 2016 through January of 2017. The revenue reported from this transaction during 2016 would be: 1) $0. 2) $10,800. O3) $14,400. 4) $3,600

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