On January 1, 2024, Glanville Company sold goods to Otter Corporation. Otter signed an installment note requiring payment of $23,500 annually for five years. The first payment was made on January 1, 2024. The prevailing rate of interest for this type of note at date of issuance was 9%. What is the amount of sales revenue that should be recorded by Glanville in January 2024