On January 12, 2015, Boeing agreed to deliver 6 Boeing airplanes to Bavaria Aircraft Leasing for $300 million. Delivery of plans begins July 2015 and extends through 2017. Boeing is paid upon delivery of each plane. When should they recognize revenue? On January 12, 2015 - upon agreement Throughout 2015-2017 as Boeing delivers each plane At the end of 2017 - when all planes have been delivered July 2015 when delivery begins