On June 1^st, Joseph & Company received a $500 deposit for 80 cases of wine. On June 10^ththe customer identified specific vintages that are included in Joseph's inventory, and asked that Joseph not ship the wine until June 20 so the customer could ready space to store the wine, so Joseph set those wines aside for the customer, boxed and ready for shipment to the customer. On June 20^ththe wine was shipped and delivered to the customer. Joseph likely would recognize revenue on

June 10^th.Upon consumption of the wine by the customer.June 20^th.June 1^st.