On October 1, the accounting firm of Deja Brew, Inc., received $36,000 in advance for services to be performed monthly over the next 12 months, starting in October. The amount as of or for the year ended December, 31 is ________.
a. $9,000 Cash Collected form Customers on the Statement of Cash Flows
b. $9,000 Deferred Revenue on the Balance Sheet
c. $27,000 Deferred Revenue on the Balance Sheet
d. $36,000 Service Revenue on the Income Statement