4. Gordon Inc. sells uniforms and other clothing to local fire departments. The Aledo Fire Department placed an order for 125 items for a total selling price of $5,500 on September 14, 2020. The cost of the merchandise to Gordon Inc. is $2,788. To place the order, Gordon Inc. required a $1,250 down payment on September 14, 2020. Delivery of the order to Aledo Fire Department is completed on October 7, 2020, at which time the remaining balance was collected from the fire department. Required a. Demonstrate the five steps of the revenue recognition process for this transaction. b. Record Gordon's entry on September 14, 2020. c. Record Gordon's entries on October 7, 2020