45. A company sold a machinery for total amount of CU 1 000 000 with the following payment terms: CU 500 000 will be paid at the contract date, and remaining CU 500 000 will be paid after 1 year. What revenue should this company recognize in its financial statements at the date of entering into contract? Assume discount rate of 10% (discount factor at 10% for 1 year is 0.909). a. 500 000 b. 909 000 c. 1 000 000 d. 954 500