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A company that usually sells satellite TV equipment for $750 and two years of satellite TV service for $500 has a special, time-limited offer in

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A company that usually sells satellite TV equipment for $750 and two years of satellite TV service for $500 has a special, time-limited offer in which it sells the equipment and two years of satellite service for $900. If the company sells one of these packages on October 1 of year 20xt and starts the satellite TV service on that same date, how much total revenue should the company recognize in 20x1 if it delivers the equipment and receives the special offer price in cash? (Do not round Intermediate calculations.) Total revenue to be recognized in 2001 $ 1,350

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