Question: On November 1 of this year, Tyler Taylor signed a one-year contract to provide handyman services on an as-needed basis to a real estate company.

On November 1 of this year, Tyler Taylor signed a one-year contract to provide handyman services on an as-needed basis to a real estate company. The company agreed to pay Mr. Taylor $4,800 for the one-year period. Mr. Taylor will be paid in quarterly installments of $1,200 on Jan. 31 (next year); Apr. 30; July 31; and Oct. 31. How much revenue should Mr. Taylor recognize this year

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