Assume that the accrual basis of accounting is used and that revenue is recognized at the time the goods are sold or services are rendered. How much revenue is recognized during the month of May in each of the following transactions?

a Collection of cash from customers during May for merchandise sold and delivered in April, \(\$ 5,200\).

b Sales of merchandise during May for cash, \(\$ 3,600\).

c Sales of merchandise during May to customers to be collected in June, \(\$ 5,400\).

d A store building is rented to a toy shop for \(\$ 600\) a month, effective May 1. A check for \(\$ 1,200\) for 2 months' rent is received on May 1.

e Data in part

d, except that collection is received from the tenant in June.