THIS IS ALL INFORMATION PROVIDED IN THE QUESTION IN ORDER TO COMPUTE/DETERMINE TOTAL CASH RECEIVED, BALANCE SHEET, AND INCOME STATEMENT

Revenue Recognition: Membership fee revenue represents annual membership fees paid by substantially all of the Company's members. The Company accounts for membership fee revenue, net of estimated refunds, on a deferred basis, whereby revenue is recognized ratably over the one-year membership period.

Use the balance sheet information on Costco's Deferred Membership Fees liability account and its income statement revenues related to Membership Fees earned during 2013 to compute the cash that Costco received during 2013 for membership fees. Total cash received (in $ millions) = NEED ANSWER

Revenue (s millions) $ millions) September 1. 2013 September 2. 2012 August 28, 2011 $97,062 2,075 $ 99,137 $87,048 1867 $ 88,915 Net Sales $102,870 Mnbrship fxs 2.286 Total revenue $105,156