It's It has entered into a license agreement with Dairy Delight company. The license fee is $150,000 The royalty fees are 5% of revenues Dairy Delight's five year revenue forecast are: Year 1 $200,000 Year 2 $300,000 Year 3 $400,000 Year 4 $500,000 Year 5 $600,000 For a total 5 year revenue of $2M The gross margin of Dairy Delight is 35% Their marketing costs are 5% of sales per year. They sell the product for 85 cents. What will be It's It's revenue from this licensing arrangement over the 5 years