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Cassidy Oil Change is a chain of fast oil change centers. Oil changes sell for $30 each. Alternatively, customers can join the Cassidy Club for
Cassidy Oil Change is a chain of fast oil change centers. Oil changes sell for $30 each. Alternatively, customers can join the Cassidy Club for $105 and receive five oil changes over three years. Experience has shown that 10% of oil changes paid for through the club go unused.
What amount of revenue should be recognized with each oil change performed for members of the Cassidy Club?
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