Jing Statistical Services operates a website that links experienced statisticians with businesses that need data analyzed. Statisticians post their rates, qualifications, and references on the

website, and Jing receives $25\%$ of the fee paid to the statisticians in exchange for identifying potential customers. VetMed Associates contacts Jing and arranges to pay a consultant $$1,500$

in exchange for analyzing some data. Jing's income statement would include the following with respect to this transaction:

Multiple Choice

Revenue of $$1,875$ and cost of services of $$1,500$

Revenue of $$1,500,$ and cost of services of $$1,125$

Revenue of $$375$

Revenue of $$1,500$