For each of the following independent items, indicate when revenue should be recognized. a. Interest on loans made by a financial institution, recelvable in annual payments. b. Interest on loans made by a financial instlution, recelvable in three years when the customer, who has an excellent credit rating, will make payment. c. Recognition of revenue from the cash sale of airline fickets, when the travel purchased will occur in the next fiscal period. d. Transportation of freight by a trucking company for a customer, the customer is expected to make payment in accordance with the terms of the involice in 60 days. e. Growing, harvesting, and marketing of Christmas trees; the production cycle is ten years. 1. Bulding houses in a subdivision, when the project will take two years to complete and each house must be individualy sold by the contractor. The contractor owns each house until title is transterred to the new owner. 9. Building houses in a subdlusion, when the project will take two years to complete and the contractor is bulling the houses under a contract from the local government. The local government owns the land and the homes as they are constructed. h. Selling undeveloped lots for future retirement homes in a western province, with very low down payment and long-term payment contracts. 1. Sale of a two-year parking permit by a parking garage, with one-half the sale price recelved at the fine of the sale, and the remainder to be recelved in equal monithy payments over the period of the permit J. A fxed-price contract with the government to design and bulld a prototype of a space arm; the costs to complete the project cannot be reliably estimated. The government owns the arm throughout the contract. k A slver-mining company produces one million ounces of siver but stores the silver \\( h \\) a vault and wails for silver prices to increase