In the month of March the Chester Corporation received and delivered orders of 146,000 units at a price of $15.00 for revenue of $2.190mil for their product Clack. Chester uses the accrual method of accounting and offers 30 day credit terms. By the end of May Chester had collected payments of $2.190mil for the March deliveries. How much of the collected $2.190mil should Chester show on the March 31st income statement and how much on the May 31st income statement?

1.095mil in March; $1.095mil in May
	$0.723mil in March; $1.467mil in May
	$2.190mil in March; $0 in May
	$0 in March; $2.190mil in May