In 2019 Apple sells an IPad for $1,000 including 4 years of future software upgrades. It is estimated that $920 covers the cost of the IPad and $80 covers the cost of future upgrades. Which of the following is true if Apple records the $1,000 all as sales revenue at the time of the sale? O Apple will be overstating revenue in 2019 but understating revenue in 2020-2023. O Apple will be overstating revenue in 2019 but net income will be correctly stated in 2019. O Apple will be overstating revenue in 2019 but net income will be correctly stated in 2020-2023. O Apple will be overstating revenue in 2019 but future revenues will be correct