On $6/1/24,$ Lansing Company sold equipment to Kirk Landscaping Service in exchange for a zero$-$interest bearing note with a face value

of $$110,000,$ with payment due in $12$ months. The fair value of the equipment on the date of sale was $$100,000.$ The amount of revenue

to be recognized on this transaction in $2024$ is

a$.$ $$110,000$

b$.$ $$10,000$

c$.$ $$100,000$

d$.$ $$105,833$

is it c or d