INSTRUCTIONS: Welcome to Chapter 1/2 Discussion. Please answer the question below. Moreover, you must also comment on at least two other student's work (your own submission is worth 12 points and the comments to other students' posts are worth 3 points). Respond in essay format. Be detailed and clear. Support your answer with applicable sources (responses without citations will incur a 5-point penalty). Please review the formal academic citation resources here >>> Note: Discussion entries and comments must be substantive and detailed. Creativity and originality are highly rewarded. Refer to the Rubric for grading. Alpaca Consulting Inc had the following select transactions for the month of July 2022. 1. July 2: Alpaca Consulting Inc provided business consulting services of $28,000 and billed Green Landscaping Inc for the services. Green Landscaping Inc will pay in 10 days. 2. July 7: Alpaca Consulting Inc signed a $42,000 six-month consulting contract with ABC Tutors. Services will commence in August 2022 and payment will be made monthly after services start. 3. July 12: Green Landscaping paid the $28,000 it owed for the July 2 services. 4. July 15: Alpaca Consulting received $35,000 from Green Landscaping for services to be provided over the next two months. 5. July 25: Alpaca Consulting provided business consulting services worth $22,000 and billed Green Landscaping. Green Landscaping acknowledged the invoice and agreed to the amount. 6. July 27: Alpaca Consulting received $19,000 from High Trekkers Company for services to be provided in September 2022. 7. July 30: Alpaca Consulting received $20,000 from Eagle Roofers Company as full payment for services that had been provided in June 2022. REQUIRED: Using the above transactions, EXPLAIN how much total revenue should be recognized for the month of July. Cite sources. Responses without sources will incur a 5-point penalty.