Community Service Center is a voluntary welfare organization funded by contributions from the general public. During 2020, unrestricted pledges of $900,000 were received, half of which were payable in...

Community Service Center is a voluntary welfare organization funded by contributions from the general public. During 2020, unrestricted pledges of $900,000 were received, half of which were payable in 2020 with the other half payable in 2021 for use in 2021. It was estimated that 10% of these pledges would be uncollectible. How much should Community report as net contribution revenue for 2020 with respect to the pledges?

(a) $0.

(b) $405,000.

(c) $810,000.

(d) $900,000.