Blossom Ltd. received a $262000 grant from the federal government to help buy equipment as an incentive for them to establish manufacturing operations in OttawaThe company assumes equipment has a 10-year useful life and uses straight-line depreciationIf Blossom uses the deferral method for such transactions, entries in year one would include A. credit to RevenueGovernment Grants 262000 B. debit to Equipment $262000 C. debit to deferred RevenueGovernment Grants $ 26200 D. credit to Accumulated Depreciation 26200