Current Att Port Automotive Supply enters into a contract to supply Ivanhoe Electrocar Company with 400 automotive tires at a price of $35 per tire on August 4, 2021. The tires were delivered to Ivanhoe on September 18, 2021, FOB destination, and terms are n/30. No returns are expected and Ivanhoe does not offer a warranty on the tires because one is provided by the manufacturer. The cost of the tires to Port is $17 per tire. Portis unable to determine the collectibility of the amount from Ivanhoe because it is a new company, but Ivanhoe pays the amount in full on November 4, 2021 Using the revenue recognition criteria for the earnings approach, answer the following questions: Does Port have any control over the goods or continuing involvement once the tires are delivered? No e Textbook and Media Your answer is correct. Can this transaction be measured reliably? Transaction can be measured reliably Is it probable that there will be an increase in economic resources to Port? be established cannot The probability that there will be an increase in the economic resources to Port Are the costs associated with the sale known? If so, how much are the costs? The costs is $ Assistance Used