Question: An invoice has been created on Jan 1 for a three - year contract. The amount is 7 2 0 , 0 0 0 .

An invoice has been created on Jan 1for a three-year contract. The amount is 720,000.When the item was set up for revenue recognition the service duration was set for 36and the service interval is daily. What is the rounded amount of revenue recognition recorded for the month of december (a 5week month)assuming there are no leap years in this period?

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