Pita Pal sells fast$-$food franchises. Pita Pal receives $$85,000$ from a new franchisee for providing initial training, equipment, and furnishings that together have a stand$-$alone selling price of $$85,000.$ Pita Pal also receives $$39,000$ per year for use of the Pita Pal name and for ongoing consulting services $($starting on the date the franchise is purchased$).$ Rachel became a Pita Pal franchisee on March $1,2024,$ and on May $1,2024$ Rachel had completed training and was open for business. How much revenue in $2024$ will Pita Pal recognize for its arrangement with Rachel?

Multiple Choice

$$0$

$$124,000$

$$117,500$

$$85,000$