As part of a January promotion, Wildhorse Fitness Ltd$.$ sold six$-$month memberships to its gym for $$460.$ This also included a personal

fitness assessment and training plan. Wildhorse normally charges $$500$ for a six$-$month membership and $$125$ for a personal fitness

assessment and training plan.

Using the five$-$step model, determine the amount of revenue that Wildhorse would recognize in January, assuming that $240$

memberships were sold as part of this promotion and that all of the personal fitness assessments and training plans were completed in

January.