11 of 15 < > -/1 View Policies -Nm == Current Attempt in Progress Fannie's Flamingos Inc. recognizes revenue at the time of sale. Fannie ships $10,000 worth of pink flamingos to Sandie Limited., F.O.B. (free on board) destination, on February 1, 2020 on 30-day terms. F.O.B. destination means that the title passes to the customer at the point at which the customer receives the inventory. Sandie Limited. receives them on February 8, 2020 and pays the invoice on March 5, 2020. Fannie should record the sale on February 1, 2020. February 8, 2020. March 2, 2020. O March 5, 2020