need this asap

rrent Attempt in Progress Sage's Agency sells an insurance policy offered by Capital Insurance Company for a commission of $114 on January 2.2020. In addition, Sage will receive an additional commission of $8 each year for as long as the policyholder does not cancel the policy. After selling the policy, Sage does not have any remaining performance obligations. Based on Sage's significant experience with these types of policies, it estimates that policyholders on average renew the policy for 45 years, which results in an expected policy tife of S. years. It has no evidence to suggest that previous policyholder behavior will change. Your answer has been saved. See score details after the due date. Determine the transaction price of the arrangement for Sage, assuming 70 policies are sold. (Round answer to decimal places.es 5,125) Transaction price $ 1980 Attempts: 1 of 1 used (b) Determine the revenue that Sape will recognize in 2020. Round answer to decimal places, eg, 5.125 Revenue 5 Attempts of 1 used Submit Answer Bolsce DELL