PYQ is a retail outlet selling handbags in U-land where the currency is the U$. While preparing the accounts you are looking at the revenue figures using IFRS 15 revenue recognition. During the year PYQ sold 100,000 handbags for U$30 each. The company has a refund policy that allows customers 30 days in which handbags can be returned and the customer will get a full refund. Historically 2% of handbags get returned under the terms of this policy each year. Calculate the amount that should be recognised as revenue in the financial statements of PYQ this year. Give your answer to the nearest whole U$,000. Do not include symbols, commas, or letters in your responses. U$ ____ ,000