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Company Software License Fee License Duration Monthly Revenue Recognition Microsoft Corporation $120,000 3 years $3,333.33 per month Microsoft Corporation sells a software license for $120,000,

Company

Software License Fee

License Duration

Monthly Revenue Recognition

Microsoft Corporation

$120,000

3 years

$3,333.33 per month

Microsoft Corporation sells a software license for $120,000, valid for 3 years. How much revenue should Microsoft recognize each month for this software license?

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