Culvers Agency sells an insurance policy offered by Capital Insurance Company for a commission of $109 on January 2, 2017. In addition, Culver will receive an additional commission of $10 each year for as long as the policyholder does not cancel the policy. After selling the policy, Culver does not have any remaining performance obligations. Based on Culvers significant experience with these types of policies, it estimates that policyholders on average renew the policy for 4.5 years. It has no evidence to suggest that previous policyholder behavior will change

A)Determine the transaction price of the arrangement for Culver, assuming 90 policies are sold. Transaction price $13,860

B) Determine the revenue that Culver will recognize in 2017. (Round answer to 0 decimal places, e.g. 5,125.) Revenue $9810 ( INCORRECT-can anyone help?)