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On December 1, the beginning of the new term, Moore Institute, a private school, receives $150,100 in tuition for the upcoming semester, which lasts four

On December 1, the beginning of the new term, Moore Institute, a private school, receives $150,100 in tuition for the upcoming semester, which lasts four months. Moore Institute's fiscal year ends December 31.

How much revenue would Moore recognize from this amount for the current year?

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