During February, Blake Building Co. billed a customer $4,500 for services performed during February. During March, Blake collected the $4,500. Which of the following statements about this transaction is correct?

Group of answer choices

$4,500 of revenue should be recorded in March.

$4,500 of revenue should be recorded in February.

No revenue should be recorded for these events because they relate only to the balance sheet.

$2,250 of revenue should be recorded in February and $2,250 in March.

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in March.