Korral Used Kars sold a 1973 Ford Pinto to Fred Gullip. Fred gave $200 to Korral as

Question:

Korral Used Kars sold a 1973 Ford Pinto to Fred Gullip. Fred gave $200 to Korral as a down payment and agreed to pay $90 per month for three years. If Korral charges interest of 24% per year, compounded monthly, what should Korral record as sales revenue on the Pinto?