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On June 1, 2019, Robertson Roofing sold and delivered shingles to Big-O Construction Company in exchange for a zero-interest bearing note with a face value

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On June 1, 2019, Robertson Roofing sold and delivered shingles to Big-O Construction Company in exchange for a zero-interest bearing note with a face value of $90,000, with payment due in 12 months. The fair value of the shingles on the date of sale was $85,000, and the note had an implicit rate of 5.88%. The total amount of revenue (i.e., sales and interest revenue) to be recognized on this transaction in 2019 is O $90,000 O $85.000 $87.916. O $87.500

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