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Neakanie Industries sells specialized mountain bikes. Each specialized bike purchased includes free maintenance service for 12 months. The price of the specialized bike is $1,050.

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Neakanie Industries sells specialized mountain bikes. Each specialized bike purchased includes free maintenance service for 12 months. The price of the specialized bike is $1,050. When sold separately, a maintenance contract is $500 and a comparable but non-specialized bike is $900. What amount of revenue will Neakanie recognize at the date of sale for each bike? Multiple Choice O $400. $900. O O $675. O $2,800

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