Question: During 2016 , Gibson Network, Inc., which designs network servers, earned revenues of $ 800 million. Expenses totaled $ 510 million GibsonGibson collected all but

During 2016 , Gibson Network, Inc., which designs network servers, earned revenues of $ 800 million. Expenses totaled $ 510 million GibsonGibson collected all but $25 million of the revenues and paid $590 million on its expenses.

Requirement a. Under accrual accounting, what amount of revenue should Gibson Network report for 2016 ?

The amount of revenue that should be reported for the year is $

million.

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