Current Attempt in Progress Crane Company sells goods to Ivanhoe Company during 2025. It offers Ivanhoe the following rebates based on total sales to Ivanhoe. If total sales to Ivanhoe are 10,400 units, it will grant a rebate of 3%. If it sells up to 21,300 units, it will grant a rebate of 4%. If it sells up to 30,000 units, it will grant a rebate of 7%. In the first quarter of the year, Crane sells 10,500 units to Ivanhoe at a sales price of $115,500. Crane, based on past experience, has sold over 36,700 units to Ivanhoe, and these sales normally take place in the third quarter of the year. What amount of revenue should Crane report for the sale of the 10,500 units in the first quarter of the year? Revenue $ eTextbook and Media List of Accounts Save for Later 3 31 Attempts: 0 of 2 used 2 Submit Answer Jun 16 4:05 O

Crane Company sells goods to Ivanhoe Compamy during 2025. It offers Ivanhoe the following rebates based on total sales to Ivanhoe. If total sales to lvanhoe are 10,400 units, it will grant a rebate of 3%. If it sells up to 21,300 units, it will grant a rebate of 4%. If it sells up to 30,000 units, it will grant a rebate of 7%. In the first quarter of the year, Crane sells 10,500 units to lvanhoe at a sales price of $115,500. Crane, based on past experience, has sold over 36.700 units to ivanhoc, and these sales normally take place in the third quarter of the year: What amount of revenue should Crane report for the sale of the 10,500 units in the first quarter of the year