10. Muir and Miller operated Muir & Miller LLP for several years, sharing net income and losses equally. On January 1, 2005, they agreed to revise the income-sharing ratio to 70% for Muir and 30% for Miller, because of Miller’s desire for semiretirement. On March 1, 2005, the partnership received $10,000 in settlement of a disputed amount receivable on a contract completed in 2004. Because the outcome of the dispute had been uncertain, no trade account receivable had been recognized. Explain the accounting treatment you would recommend for the $10,000 cash receipt.