ou started a business that makes and sells costumes for young children to wear for special occasions like going to Disney World. You sell these for $50 each. On March 1 your friend gives you $200 for four of them. During March you make three costumes and deliver them to your friend on March 31. How much revenue do you recognize on March 1 and on March 31? $50 on March 1 and $150 on March 31. $150 on March 1 and $50 on March 31. $0 on March 1 and $200 on March 31. $0 on March 1 and $0 on March 31. $150 on March 1 and $0 on March 31. $0 on March 1 and $150 on March 31