WFO Corporation has gross receipts according to the following schedule:

Year 1	$20.00 million
Year 2	$23.00 million
Year 3	$24.00 million
Year 4	$28.50 million
Year 5	$31.00 million
Year 6	$27.00 million

If WFO began business as a cash-method corporation in Year 1, in which year would it have first been required to use the accrual method?

Multiple Choice

• Year 5.

• Year 4.

• Year 3.

• Year 6.

• None of the choices are correct.