On January 1, 2019, Blue River Company agreed to sell a diamond to a customer at a special price of $7,000. Payment terms were $1,400 on January 1, 2019, and $1,400 each January 1 from 2020 to 2023. Blue River normally charges 8% interest to its customers but did not charge interest on this special sale. Required How much revenue, and how much accounts receivable, should Blue River recognize on January 1, 2019? (Use a financial calculator and enter your answers as positive amounts, rounded to the nearest whole dollar. Note that there are four periods.) Revenue Receivable January 1, 2019