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Lara's Cakes Corporation delivered a wedding cake to a customer on December 1 st . The customer was sent an invoice for $ 1 ,

Lara's Cakes Corporation delivered a wedding cake to a customer on December $1$ st $.$ The customer was sent an invoice for $ $1, 500$ on December $5$ and payment was received from the customer on December $8 .$ Using the revenue recognition principle per GAAP, when will the $ $1, 500$ be recognized as revenue?

November $15$ th

December $1$ st

December $5$ th

December $8$ th

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