Bergnaum Inc. charged customers $5,000 for services performed during the year ended December 31, 2023. Bergnaum Inc

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Bergnaum Inc. charged customers $5,000 for services performed during the year ended December 31, 2023. Bergnaum Inc has collected $3,500 in cash related to services performed. What amount should be reflected as revenues for the fiscal year ended December 31, 2023? A) None of the answers are correct. B) $5,000 C) $8,500 D) $3,500 E) $1,500