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Swordfish Company earned $68,000 in Year 1 and expects to receive 3/4 of the amount in Year 2 and the remainder in Year 3. How

Swordfish Company earned $68,000 in Year 1 and expects to receive 3/4 of the amount in Year 2 and the remainder in Year 3. How much revenue should Swordfish Company report in Year 1?
Multiple Choice
$17,000.
$0.
$51,000.
$68,000

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