Under Generally Accepted Accounting Principles (GAAP), a firm that made a product in 2005 and then sold it in 2007 would:

a. Show both the revenues and expenses in 2005.

b. Show both the revenues and expenses in 2007.

c. Show the revenues in 2005 and the expenses in 2007.

d. Show the revenues in 2007 and the expenses in 2005.