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Swordfish Company earned $81,000 in Year 1 and expects to receive 2/3 of the amount in Year 2 and the remainder in Year 3. How

Swordfish Company earned $81,000 in Year 1 and expects to receive 2/3 of the amount in Year 2 and the remainder in Year 3. How much revenue should Swordfish Company report in Year 1?

Multiple Choice

$27,000.
$54,000.
$0.
$81,000.

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