A customer is interested in buying a pair of tennis shoes from Zaps, an online retailer, on June 1 for $80. The customer took advantage of a special oer, allowing for a purchase of a second pair of shoes at half price. The customer purchased and paid for both pairs of shoes with a credit card for a total of $120. Shipping was paid by Zaps (FOB destination) and the shoes were expected to arrive at the customers home on June 4. The standalone selling price of each pair of shoes was $80. Use this example to identify and demonstrate the ve steps of the revenue recognition process. Steps in Revenue Recognition Process Application of the revenue recognition step Step