Q$16-$ On February $1,$ year $1$ a computer software firm agrees to program a software package. Twelve payments of $10,000$ on the first of each month are to be made, with the first payment March $1,$ year $1.$ The software is accepted by the client June $1,$ year $2.$ How much year $1$ revenue should be recognized?

A$.0$

B$.100,000$

C$.110,000$

D$.120,000$