on 12 A contract for the sale of goods states that the seller will deliver product with a fair value of $150,000 on 1/1/Y1 and will receive cash payment of $200,000 on 8/1/Y2. Which of the following statements is correct with respect to this contract? r saved out of a. The seller should debit interest expense $50,000 g b. The seller should record notes receivable of $150,000 cion O c. The seller should record revenue of $200,000 O d. The seller record revenue of $150,000 Clear my choice