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A company that usually sells satellite TV equipment for $ 5 0 and two years of satellite TV service for $ 4 5 0 has

A company that usually sells satellite TV equipment for $50 and two years of satellite TV service for $450 has a special, time-limited offer in which it sells the equipment for $300 and gives the two years of satellite service for "free."
Required:
If the company sells one of these packages on July 1, how much revenue should the company recognize on July 1 when it delivers the equipment and receives the full price in cash?
(Do not round intermediate calculations.)
Input area:
\table[[Sells equipment for,$50
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