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Lewis Co. sold merchandise to AdCo for dollar 60, 000 and received dollar 60, 000 for that sale one month later. One week prior to

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Lewis Co. sold merchandise to AdCo for dollar 60, 000 and received dollar 60, 000 for that sale one month later. One week prior to receiving payment from AdCo, Lewis made a dollar 10, 000 payment to AdCo for advertising services that have a fair value of dollar 7,500. After accounting for any necessary adjustments, how much revenue should Lewis Co. record for the merchandise sold to AdCo? Net revenue

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