Vaughn Company sells goods to Bramble Company during 2020. It offers Bramble the following rebates based on total sales to Bramble. If total sales to Bramble are 9,300 units, it will grant a rebate of 2%. If it sells up to 20,600 units, it will grant a rebate of 4%. If it sells up to 32,300 units, it will grant a rebate of 6%. In the first quarter of the year, Vaughn sells 11,700 units to Bramble at a sales price of $117,000. Vaughn, based on past experience, has sold over 36,200 units to Bramble, and these sales normally take place in the third quarter of the year.

What amount of revenue should Vaughn report for the sale of the 11,700 units in the first quarter of the year.

Revenue $