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Dowell Fishing Supply, Incorporated, sold $ 5 0 , 0 0 0 of Dowell Rods on December 1 5 , 2 0 2 4 ,

Dowell Fishing Supply, Incorporated, sold $

50, 000

of Dowell Rods on December

15, 2024,

to Bassadrome. Because of a shipping backlog, Dowell held the inventory in Dowell

s warehouse until January

12, 2025 (

having assured Bassadrome that it would deliver sooner if necessary

) .

How much revenue should Dowell recognize in

2024

for the sale to Bassadrome?

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