On January 1, 2024, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1, 2024, but payment for the equipment of $9,600 is not due until December 31, 2024. Assuming that Wooten views the time value of money to be a significant component of this transaction and that an 8% interest rate is applicable. How much sales revenue would Wooten recognize on January 1, 2024? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) Sales revenue