Drebin Security Systems sold merchandise to a customer in exchange for a $$50,000,$ five$-$year, noninterest$-$bearing note when an equivalent loan would

carry $10\%$ interest. Drebin would record sales revenue on the date of sale equal to:

Multiple Choice

$$50,000.$

Zero.

The future value of $$50,000$ using a $10\%$ interest rate.

The present value of $$50,000$ using a $10\%$ interest rate.