in television from 200 as a cash deposit on d has a total retail price of payment by Maryann $2.000 and has a total retail at require its customers to enter ment or agreement when owed. Circuit City does not require D. Maryann Wood recently purchased on la Vood recently purchased on layaway a big screen televis Circuit City, which is a public company y. Which is a public company, Maryann paid $200 as a the television. The television cost Circuit side pending the payment bu $3,500. Circuit City has set the television Wood of the balance owed. Circuit City dpayment commitment or agre into an installment note or other fixed-p on layaway generally is not release the initial deposit is received. Mercha full purchase price. If the customer to the customer until the customer pays ice, the customer forfeits his or h fails to pay the remaining purchase price lost, damaged, or destroyed, Circuit City deposit. In the event the merchandise is lost, damaged, or destroy either must refund the cash deposit to the customer or provide ren merchandise s received. Merchandise on layawa mer or provide replacement REQUIRED: When should Circuit City recognize the revenue from the Maryann? Justify your answer. (10Pts.)