On June $1,2024,$ Coors Property Management entered into a $2-$year

contract to provide leasing and maintenance services for an apartment

building. The contract starts on July $1,2024.$ Under the terms of the

contract, Coors will be paid a fixed fee of $$50,000$ per year and will

receive an additional $15\%$ of the fixed fee at the end of each year if the

building occupancy rate exceeds $90\%.$ Coors estimates a $30\%$ chance

the $90\%$ occupancy threshold will be met. Coors will recognize revenue

over time for this contract. Assuming Coors estimates variable

consideration using the most likely amount approach, how much

revenue should Coors recognize on this contract in $2024?$