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Lewis Company sold merchandise to AdCo for $50,000 and received $50,000 for that sale one month later. One week prior to receiving payment from

Lewis Company sold merchandise to AdCo for $50,000 and received $50,000 for that sale one month later. One week prior to receiving payment from AdCo, Lewis made a $10,000 payment to AdCo for advertising services that have a fair value of $6,000. After accounting for any necessary adjustments, how much revenue should Lewis Company record for the merchandise sold to AdCo? Net revenue

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