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mulitpor chocie Schuster Co enters into a contract in 2024 that has the following potential outcomes: - 30% likelihood of receiving $20,000 - 20% likelihood

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Schuster Co enters into a contract in 2024 that has the following potential outcomes: - 30% likelihood of receiving $20,000 - 20% likelihood of receiving $23,000 - 50% likelihood of receiving $27,000 Schuster estimates variable consideration as the most likely amount. How much revenue should Schuster recognize for this contract in 2024 ? [5 points] $20,000 $10,600 $24,100 $27,000 $23,000

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