Revenue and the recognition principle heartstrings gift shoppe sells an assortment of gifts for any occasion. during october, heartstrings started a gift-of-the-month program. under the terms of this program, beginning in the month of the sale, heartstrings would select and deliver a random gift each month, over the next 12 months, to the person the customer selects as a recipient. during october, heartstrings sold 25 of these packages for a total of $11,280 in cash. for the month of october, calculate the amount of revenue that heartstrings will recognize.