Question: Johnson sells $ 1 1 8 , 0 0 0 of product to Robbins, and also purchases $ 1 3 , 6 0 0 of

Johnson sells $118,000 of product to Robbins, and also purchases $13,600 of advertising services from Robbins. The advertising services have a fair value of $9,800. Johnson should recognize total revenue to account for these events of:
Multiple Choice
$108,200.
$104,400.
$118,000.
$114,200.

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