Alpine sells forklifts and provides volume discount if customers order more than 30 forklifts at one time. The original price per forklift is $100, while the price with volume discount is $90. On March 1, 2020, Cusco Ltd. Cusco places an order for 50 forklifts to take advantage of a volume discount. Cusco does not have storage space to store the forklifts; therefore, they request that Alpine store the forklifts until May 20, 2020. Cusco provides Alpine with insurance coverage for the forklifts and acknowledges that they are taking title to the forklifts immediately. The insurance cost is $500. Alpine stores the forklifts in a separate part of the warehouse and specifically identifies them as belonging to Cusco. Alpine invoices Cusco once the paperwork is complete and requires payment within the customary 30-day term. The order from Cusco is the only sale for Alpine in March, 2020. Under IFRS, how much of sales revenues should Alpine recognize in March, 2020?

Question 19 options:

	$ 0
	$ 5,000
	$ 4,000
	$ 4,500
	none of the above.