Maris Mavericks Company developed software that helps farmers to fallow their fields in a manner that prevents erosion and maximizes yields. Erwin Farms paid a licensing fee of $30,000 for a copy of the software. Although Erwin Farms can use the software as long as it wants, Maris expects that Erwin Farms will use the software for approximately 6 years. Maris does not anticipate any further interaction with Erwin Farms following transfer of the license. How much revenue should Maris recognize in the first year of the contract? $0 $7,500 $6,000 $30,000