Heartsrings sells an assortment of gifts for any occasion During October Heartsring started a Gift of the month program Under the terms of this program beginning n the month of the sale, Hearstrings would select and deliver a random gift each month over the next twelve months to the person the customer selects as a recipient. Duting October Heartstring sold 25 of these packages for a total of $11,280 in cash.
Required:
For the month of October, calculate the amount of revenue that Hearstrings will recognize