Swordfish Company earned $$71,000$ in Year $1$ and expects to receive $\frac{3}{4}$ of the amount in Year $2$ and the remainder in Year $3.$ How much revenue should Swordfish Company report in Year $1?$

Select one:

a$.$ $$0.$

b$.$ $$17,750.$

c$.$ $$53,250.$

d$.$ $$71,000.$

Clear my choice