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51. ABC Inc. sold a DVD player to a client on June 30 th , Year 2 for $150. The DVD player, which came with

51.

ABC Inc. sold a DVD player to a client on June 30

th

, Year 2 for $150. The DVD player, which came with

a 2-year warranty, was thought to be worth $100 if sold without the warranty.

As a result of this sale, how much sales/revenue would ABC Inc. take into income on its December 31

st

,

Year 2 income statement?

A. $100.00

B. $112.50.

C. $125.00

D. $150.00

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