Here is the following revenue recognition situation. a. Wage Inc. sells goods to Rajab Corp for $850,000, payment due at delivery. b. Wage Inc. sells goods on account to Suro Corp for $1,050,000, payment due in 30 days. c. Wage Inc. sells goods to Syawal Corp for $480,000, payment due on two installments. The first installment payable in 14 months, and the second payment due 4 months later. The present value of the future payment is $445,000. Instructions: Indicate the transaction price for each of these situations and when revenue will be recognized.