help question 1 and 2

In July, Telly-Rental sells a home theatre for $1,000 on an installment basis. Telly-Rental generally earns a gross margin of 25%. The customer pays $500 in December. How much revenue is recorded by Telly-Rental in December? Select one: O a $1,000 O b. $125 O c. $250 O d. $500 Based on the following information, what is the impairment amount to be recorded? $750,000 530,000 Cost Accumulated depreciation Value in use (sum of discounted cash flows) Fair value Disposal costs 230,000 240,000 5,000 Select one: O a $15,000 O b. $20,000 Oc: $10,000 O d. $0