How much sales revenue would be recognized in Oct 2021?

What would be the balance ofd erred revenue at the end of Oct 2021?

Peloton has the following pricing options Bike Basics Package (bike + membership): Bike $1.500 plus membership $80 per months for 1 year. * Blke without membership $2,000 - Membership without bike purchase, $100 per mo for 1 year. Cost of inventory per bike: $1,000 Cost of membership per member per month: $2 On Oct 1, 2021, Peloton sold 1,000 basic packages. Bike price was paid in cash upon order and bikes were delivered charged at the end of each month How much sales revenue would be recognized in Oct 2021? Multiple Choice O $1,614,375 $2,460,000 $1.537.500