Wilco Inc. enters into an agreement with Seminole corporation to publish accounting textbooks. If the textbooks are printed and delivered within 90 days, Wilco will be paid $500,000. There is a $100,000 penalty for each month the books are late. Wilco estimates that there is an 30% chance of delivering the textbooks within 90 days, a 40% chance that the books will be delivered within 91-120 days (1 month late), and 20% chance that the books will be delivered within 121-150 days (2 months late), and a 10\% chance of the books being delivered in 151-180 days (3 months late). If Wilco recognizes income using the expected value approach, how much revenue should Wilco recognize? $100,000$400,000$500,000 Some Other Answer $390,000