Kingbird Company sells goods to Oriole Company during 2017. It offers Oriole the following rebates based on total sales to Oriole. If total sales to Oriole are9,300units, it will grant a rebate of2%. If it sells up to20,600units, it will grant a rebate of4%. If it sells up to32,300units, it will grant a rebate of6%. In the first quarter of the year, Kingbird sells11,700units to Oriole at a sales price of $117,000. Kingbird, based on past experience, has sold over36,200units to Oriole, and these sales normally take place in the third quarter of the year.

What amount of revenue should Kingbird report for the sale of the11,700units in the first quarter of the year.

Revenue$