Greg Corp. reportedrevenue of $1,100,000 in its accural basis income statement for the year ending June 30, 2007. Addtional information was asfollowed:
accounts receivables june 30, 2006 $350,000
accounts receivables june 30, 2007 $530,000
uncollectable accounts written off during the fiscal year$13,000
under the cash basis, gregg should report revenue of?