Brief Exercise $6-16($Algo$)$ Right of return $[$LO$6-6]$

Finerly Corporation sells cosmetics through a network of independent distributors. Finerly shipped cosmetics to its distributors and is

considering whether it should record $$520,000$ of revenue upon shipment of a new line of cosmetics$.$ Finerly expects the distributors

to be able to sell the cosmetics but is uncertain because it has little experience with selling cosmetics of this type. Finerly is committed

to accepting the cosmetics back from the distributors if the cosmetics are not sold.

How much revenue should Finerly recognize upon delivery to its distributors?

Revenue recognized upon delivery