Brief Exercise 6-18 (Algo) Time value of money (L06-6) On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company, Delivery was made on January 1, 2021, but payment for the equipment of $11,400 is not due until December 31, 2021. Assuming that Wooten views the time value of money to be a significant component of this transaction and that an 12% interest rate is applicable (EV of $1. PV of $1. EVA of S1. PVA of $1. EVAD of $1 ond PVAD of $1) (Use appropriate factor(s) from the tables provided.) How much sales revenue would Wooten recognize on January 1, 2021? (Round your final answer to nearest whole dollar amount.) Sales revenue