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The records for Crane Company showed the following for 2020: ...

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Accounting

The records for Crane Company showed the following for 2020:

Jan. 1 Dec. 31
Unearned revenue $1,300 $2,300
Accrued revenue 1,100 780

Cash collected during the year for revenue, $79,000 Calculate the amount of revenue that should be reported on the income statement.

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