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Company: Samsung Electronics Co., Ltd. Product: Smartphones Sale Price: $1,000 each Warranty Duration: 1 year Samsung Electronics sells 200 smartphones for $1,000 each, with a

Company: Samsung Electronics Co., Ltd.
- Product: Smartphones
- Sale Price: $1,000 each
- Warranty Duration: 1 year

Samsung Electronics sells 200 smartphones for $1,000 each, with a one-year warranty. How much revenue should Samsung Electronics recognize for smartphone sales, considering the warranty?

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