Solved: How many more items should be subtracted from total revenue, Accounting Basics

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How many more items should be subtracted from total revenue

If I want to record my recognized revenue for year 2018 for this scenario, should I still put $525,000 instead of (52500-17500) $35,000?

Scenario:

"During 2018, The Company provides services to the U.S. Navy for $525,000. The U.S. Navy will pay $175,000 at the end of each year for the next three years, beginning in 2018."

How many more items should be subtracted from total revenue including sales allowance, sales discount and returns?

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Accounting Basics: How many more items should be subtracted from total revenue

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