When a customer places an order, Panther Cupcakes requires the customer to pay the full purchase price in advance. During the month of December, Panther Cupcakes received $24,000 in customer deposits. The balance in its unearned revenue liability was $4,000 at the end of November and $6,000 at the end of December. How much revenue did Panther Cupcakes recognize during the month of December?

Select one:

A. $4,000

B. $22,000

C. $34,000

D. $26,000

E. $6,000

F. Not determinable

G. $28,000

H. $24,000