Zeta Co. reported sales revenue of $4,600,000 in its income statement for the year ended December 31, 2006. Additional information is as follows:

Zeta wrote off uncollectible accounts totalling $20,000 during 2006. Under the cash basis of accounting, Zeta would have reported 2006 sales of
$4,900,000
$4,350,000
$4,300,000
$4,280,000

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12/31/05 12/31/06 Accounts receivable Allowance for uncollectible accounts (60,000) $1,000,000$1,300,000 (110,000)