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Cullumber Company purchased 13 calculators for $20 each, one-half on May 14, and the other half on May 22, all on account. Cullumber sold
Cullumber Company purchased 13 calculators for $20 each, one-half on May 14, and the other half on May 22, all on account. Cullumber sold 11 of the calculators on May 25 for $30 each. It received payment for 6 of them on May 30 and payment for the other 5 on June 4. Cullumber paid the supplier for 5 of the calculators on May 21. How much revenue should Cullumber recognize during May? $180 $330 $143 $165
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