Problem $9-76($LO $9-4)($Static$)$

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Dustin has a contract to provide services to Dado Enterprises. In November of this year, Dustin billed Dado $$10,000$ for the services he rendered during the year. Dado is an accrual$-$method proprietorship that is owned and operated by Dustin's father.

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Problem $9-76$ Part$-$b $($Static$)$

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b$.$ What amount of revenue must Dustin recognize this year if Dustin uses the accrual method and Dado remits payment for the services in December of this year? What amount can Dado deduct this year?