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Carla Vista Inc. sells prepaid telephone cards to customers in its convenience stores. When Carla Vista sells cards, it then pays the telecommunications company,
Carla Vista Inc. sells prepaid telephone cards to customers in its convenience stores. When Carla Vista sells cards, it then pays the telecommunications company, Wildhorse, for the value of the cards less a 20% commission. Assume that Carla Vista receives $4,000 of prepaid cards in January 2025. Carla Vista sold 55% of the cards in February, 30% in March, and 15% in April. The total payment by Carla Vista to Wildhorse over the 3 months is $3,200. Indicate how much income Carla Vista should recognize in January, February, March, and April. (If answer is 0, please enter 0. Do not leave any fields blank.) January income February income $ March income April income SA
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