When analyzing the service contracts signed, you noticed that most of the contracts are performed within the same month when the contracts are signed except the ones in June, September and December. The June contract is a one-year (12 months) contract while the September and December contracts are six-month contracts. If this is the case, what would be the total unearned revenue on the balance sheet dated December 31, 2019?

accrual accounting Measure Names Insurance paid Service agreeme.. 300,000 50,000 50,000 50,000 300K 50,000 50K 50,000 280,000 280K 45K 260K 240K 40K 220,000 220.000 220K 35K 200,000 200K 180K 30 180,000 Insurance paid 160K Service agreements signed 150,000 160,000 25K 150,000 140K 130,000 135,000 120K 20K 120,000 100K 100,000 100,000 100,000 15K 80K 10K 60K 40K 5K 20K 10 nulls OK OK January 2019 April 2019 October 2019 January 2020 July 2019 Month