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Big Blue University has a fiscal year that ends on June 30. The 2016 summer session of the university runs from June 10 through July

Big Blue University has a fiscal year that ends on June 30. The 2016 summer session of the university runs from June 10 through July 26. Total tuition paid by students for the summer session amounted to $111,000.

Required:

a. How much revenue should be reflected in the fiscal year ended June 30, 2016?

Amount of revenue=

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