Marin Inc., a registered broker, enters into a finders fee agreement with HOM Homes Ltd. on June 15, 2020. Marin will find leads in the form of buyers potentially interested in purchasing HOMs real estate holdings. Along with finding potential buyers, Marin helps negotiate the selling price and provides advice on contract details. If and when HOM closes a sale, Marin will be paid within 30 days of the closing date, based on the following formula: 5% of any transaction value up to and including $1 million, plus 4% of any transaction value greater than $1 million and less than and including $2 million, plus 3% of any transaction value greater than $2 million and less than and including $3 million, plus 2% of any transaction value greater than $3 million and less than and including $4 million, plus 1% of any transaction value in excess of $4 million. If Marin is represented by another broker and this information is not shared with HOME, the fee is reduced by 50%. On September 1, 2020, HOM paid Marin $62,000 to provide some needed cash flow for seeking out buyers. On October 15, 2020, an offer was made and accepted for a parcel of real estate at a price of $3.55 million. The transaction closed on November 1, 2020, and Marin was paid the finders fee net of $62,000 on November 30, 2020. Determine the accounting treatment of the above events for Marin Inc. and prepare any journal entries needed on

.June 15, 2020

b.September 1, 2020

c.October 15, 2020

d.November 1, 2020

e.November 30, 2020