On 1 January 2013, Wildcat Corp. purchased a piece of equipment for $25,000. The equipment's useful life was five years. Wildcat Corp sold the equipment on 30 June 2016 for $10,000, recording a Gain on Disposal of $1, 800. Wildcat Corp. uses straight-line depreciation. Compute the equipment's book value at the time of disposal. Compute the equipment's salvage/residual value. Recall that under a straight-line depreciation method the depreciation expense is calculated as: (Purchase price - Salvage value)/Useful life Using the terms "revenue" or "no effect", indicate which of the following events cause revenue to be recognized during the month of October 2016. Motorola issues 20-year bonds on October 19th, receiving $20 million in cash on that date. ___ The Lyric Opera of Chicago performs Verdi's Falstaff three times during October. Tickets for these performances were issued to subscribers in June. ____ Baldwin Piano receives cash payments during October 2016 for pianos delivered to customers during the last quarter of 2015. ____ United Airlines signs a legally binding agreement to sell three used aircraft to General Electric Capital Services. Delivery will take place in January 2017. _____