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Pharoah Inc. sells prepaid telephone cards to customers in its convenience stores. When Pharoah sells cards, it then pays the telecommunications company, Sunland, for the
Pharoah Inc. sells prepaid telephone cards to customers in its convenience stores. When Pharoah sells cards, it then pays the telecommunications company, Sunland, for the value of the cards less a 20% commission. Assume that Pharoah receives $4,100 of prepaid cards in January 2025. Pharoah sold 50% of the cards in February, 30% in March, and 20% in April. The total payment by Pharoah to Sunland over the 3 months is $3.280. Indicate how much income Pharoah should recognize in January, February, March, and April. (If answer is 0, please enter O. Do not leave any fields blank.) January income February income March income $ April income $
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