Shady Equipment Sells a Truck to Fred for $180,000 on January

Shady Equipment sells a truck to Fred for $180,000 on January 1, 2016. Payment of $180,000 is received two years later and interest is paid at the end of two years. The truck is delivered two years later. The market rate of interest is 7%. Refer to Shady Equipment. How much sales revenue will Shady report on January 1, 2016?

A) $0.00
B) $180,000
C) $167,400
D) $90,000