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Kerianne paints landscapes, and in late 2021 placed four paintings with a retail price of $250 each in the Holmstrom Gallery, Kerianne's arrangement with Holmstrom

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Kerianne paints landscapes, and in late 2021 placed four paintings with a retail price of $250 each in the Holmstrom Gallery, Kerianne's arrangement with Holmstrom is that Holmstrom will earn a 20% commission on paintings sold to gallery patrons. As of December 31, 2021, one painting had been sold by Holmstrom to gallery patrons. How much revenue with respect to these four paintings should Kerianne recognize in 2021? Revenue GoodBuy sells gift cards redeemable for GoodBuy products either in store or online. During 2021, GoodBuy sold $980,000 of gift cards, and $830,000 of the gift cards were redeemed for products. As of December 31, 2021, $32,000 of the remaining gift cards had passed the date at which GoodBuy concludes that the cards will never be redeemed How much gift card revenue should GoodBuy recognize in 2021? Revenue

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