Answer: $59,000
Explanation:
Total Revenue = $62,000, accounts receivable = $4,000,
unearned revenue = $1,000
accounts receivable refers to money owed a business by its customers for services rendered
unearned revenue refers to money given a business by its customers for services yet to be fully rendered i.e. a contract of 6 months in which the customers paid fully upfront
amount received in cash = Total Revenue - accounts receivable + unearned revenue
amount received in cash = 62000 - 4000 + 1000 = $59,000
