On October 1, 2017, Tommy sold 250,000 gallons of diesel fuel to Bill. at $3.00 per gallon. The diesel fuel was delivered and progress payments were made according to schedules provided in the purchase agreement.

What should Tommy report as revenues for 2017 related to this sale using the accrual basis of accounting?

Sale (gallons)	250,000
Price per gallon	$ 3.00
Delivery information:
Date	Gallons
10/15/17	75,000
12/15/17	25,000
1/15/18	75,000
2/15/18	75,000
	250,000
Payment information:
Date	Amount
10/1/17	$200,000
12/1/17	$200,000
2/1/18	$150,000
2/15/18	$200,000
	$750,000