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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 $2,500.

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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 $2,500. When sold separately, a maintenance contract is $400 and a comparable but non-specialized bike is $600. What amount of revenue will Neakanie recognize at the date of sale for each bike? Multiple Choice $200 $600. $1,500 $2,500

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