Spectacular Corp. sold 300,000 units of a new product to Sales Outlet Inc. for $6.00 per unit on account. Spectacular provides Sales Outlet with 300,000 store shelf coupons worth $1.30 each towards the purchase of its product. The coupons can be redeemed by the purchaser at the Sales Outlet stores. Spectacular estimated that 30% of the 300,000 coupons will be redeemed. At the end of the promotion, Sales Outlet submitted a claim for $110,500 for the 85,000 coupons that it redeemed. Spectacular paid cash to Sales Outlet when the daim was received. Spectacular uses a periodic inventory system. PUT YOUR ANSWER IN THE BOX FOLLOWING THE QUESTION DO NOT INCLUDE A S SIGN IN YOUR ANSWER * ROUND YOUR ANSWER TO THE NEAREST WHOLE DOLLAR What is the TOTAL amount of revenue that Spectacular Corp. will recognize from the sale of 300,000 units of the product to Sales Outlet Inc. $