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Kerianne paints landscapes, and in late 2016 placed four paintings with a retail price of $180 each in the Holmstrom Gallery. Keriannes arrangement with Holmstrom

Kerianne paints landscapes, and in late 2016 placed four paintings with a retail price of $180 each in the Holmstrom Gallery. Keriannes arrangement with Holmstrom is that Holmstrom will earn a 10% commission on paintings sold to gallery patrons. As of December 31, 2016, one painting had been sold by Holmstrom to gallery patrons.

How much revenue with respect to these four paintings should Kerianne recognize in 2016?

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