A benefactor promises to donate $15,000 to his church toward the purchase of a new piano if the church is able to raise matching funds of $15,000 from other contributors. At what point should the church record revenue?

Multiple Choice

A. When the benefactor makes his pledge, as long as collection is reasonably assured.

B. When the matching funds are raised.

c. When the piano is purchased.

d. When the benefactor pays the $15,000 to the church.