8. Portland Art Museum received two valuable paintings. The museum has determined that one, with a market value of $20,000, is inappropriate for display and therefore will be sold and the proceeds will be used to acquire another painting that can be displayed. The other, with a market value of $50,000, will be placed on exhibit. The museum has a policy of not capitalizing works of art unless required to do so. In the year that it receives the two paintings, how much revenue should the museum recognize? Please provide the amount and any necessary explanations