(1 point) On August 1st, Hank & Sons received an order for 50 go-carts. A $500 deposit was received from the client on August 5th. Hank delivered the go-carts to the client on August 15th. The remaining balance was paid on August 20th ($1,000) and August 30th ($1,500). Hank & Sons would recognize revenue on

a,August 1st

b,August 5th

c,August 15th

d,August 20th

e,August 30th

f,On August 5th and August 15th

g,On August 5th, August 20th, and August 30th.

h,None of the above is correct