hello, please find the question in the attached file below?

Andrew Wall is a revenue analyst with Green Corp., a Canadian corporation that provides marine environmental clean-up services around the world. Green reports under IFRS with a February 28, 2021, year end. Andrew has been asked to review the terms of a contract that Green has just signed with a new customer, Rally Exploration Inc., a large reputable company that recently experienced an oil spill. This customer requires land-based remediation. This is a new area for Green and the first time it has signed a contract of this type. Some of the work can be different than marine clean-up but Green is confident in its technicians. Andrew must determine when and how revenue should be recorded. Andrew has been provided with the following: Appendix: Contract with Rally Exploration Inc. . Appendix: Contract with Rally Exploration Inc. Agreement Dated: January 21, 2021 Between Rally Exploration Inc. And Green Corp. Whereas: Green Corp. will provide remediation services related to an oil spill at the premises of Rally Exploration Inc. in Thunder Bay, Ontario, Canada, from February 1, 2021, to March 31, 2021. All remediation measures undertaken by the Green Corp. must be completed in compliance with the province's environmental standards on time and on budget. For these services, Green Corp. will be paid $200,000 for its expertise and work. There will be penalties up to $50,000 deducted from this fee if there are cost overruns or the project is not completed by March 31. A non-refundable deposit of $20,000 is payable by Rally Exploration Inc. on February 1, 2021, which will be held until the contract is completed. Billings will be made monthly throughout the project based on work completed and will be due 15 days after the invoice date. February's invoice was paid on March 10, 2021. Final invoice was paid on April 13, 2021. Andrew Wall is a revenue analyst with Green Corp., a Canadian corporation that provides marine environmental clean-up services around the world. Green reports under IFRS with a February 28, 2021, year end. Andrew has been asked to review the terms of a contract that Green has just signed with a new customer, Rally Exploration Inc., a large reputable company that recently experienced an oil spill. This customer requires land-based remediation. This is a new area for Green and the first time it has signed a contract of this type. Some of the work can be different than marine clean-up but Green is confident in its technicians. Andrew must determine when and how revenue should be recorded. Andrew has been provided with the following: Appendix: Contract with Rally Exploration Inc. . Appendix: Contract with Rally Exploration Inc. Agreement Dated: January 21, 2021 Between Rally Exploration Inc. And Green Corp. Whereas: Green Corp. will provide remediation services related to an oil spill at the premises of Rally Exploration Inc. in Thunder Bay, Ontario, Canada, from February 1, 2021, to March 31, 2021. All remediation measures undertaken by the Green Corp. must be completed in compliance with the province's environmental standards on time and on budget. For these services, Green Corp. will be paid $200,000 for its expertise and work. There will be penalties up to $50,000 deducted from this fee if there are cost overruns or the project is not completed by March 31. A non-refundable deposit of $20,000 is payable by Rally Exploration Inc. on February 1, 2021, which will be held until the contract is completed. Billings will be made monthly throughout the project based on work completed and will be due 15 days after the invoice date. February's invoice was paid on March 10, 2021. Final invoice was paid on April 13, 2021