On May 1, Year 1, an entity entered into a contact to deliver 100 units of its product to a customer for $150, 000. The units are transformed to the customer over a 9-month period. On November 1, Year 1, after 80 units were transformed to the customer, the contract was modified to require the delivery of an additional 30 units for an additional $30, 000. The entity determined that (1) the price for the additional 30 units does not reflect the standalone selling price of the product and (2) the remaining units to be delivered are distinct from these already transferred. During Year 1, the entity delivered a total of 90 units to the customer. Under ASU 2014-09, what is the total amount of revenue that was recognized by the entity in Year 2 upon the delivery of the remaining units? $48, 000 $45, 000 $35, 000 $30, 000 Under the FASB's new revenue recognition standard, the transaction price may Not include variable consideration. Not include the effect of the time value of money. Include coupons payable to the customer. Not include amounts collected on behalf of third parties. In a statement of cash flows, which of the following should be classified as a financing activity? Sale of stock of another entity. Payment of a Cash dividend. A loan to a key executive. Receipt of a cash dividend