Please answer all parts

Use the information below to answer questions 1-4.

On October 1, 2021, Acme Fuel Co. contracted to sell 450,000 gallons of heating oil to Karn Co. at $3 per gallon. According to the contract, Acme promises to deliver the fuel oil in three deliveries starting with 100,000 gallons on November 1, 2021, 140,000 gallons on December 1, 2021, and the remaining 210,000 gallons on January 20, 2022. Karn, which has a P-2 short-term credit rating from Moodys, will pay for the fuel oil as follows: 25% of the total transaction price on October 1, 2021, 30% of the total transaction price on December 15, 2021, and the remaining balance on January 31, 2022.

1. On which of the following sets of dates is Acmes performance obligation satisfied?

1. October 1, December 15, and January 31.
2. November 1, December 1, and January 20.
3. October 1, December 1, and January 20.
4. November 1, December 15, and January 31.

2. For the year ended December 31, 2021, how much revenue should Acme report from its contract with Karn?

1. $742,500.
2. $705,000.
3. $720,000.
4. $725,000.

3. On the December 31, 2021, balance sheet of Acme, which of the following statements is correct?

1. Accounts receivable of $382,500 should be reported under current assets.
2. Unearned revenue of $22,500 should be reported under current liabilities.
3. A and B.
4. Neither A nor B.

4. Which of the following statements is correct?

1. Acmes contract with Karn has 3 performance obligations.
2. In Acmes journal entry to record the delivery of the 210,000 gallons on January 20, 2022, accounts receivable should be debited for $607,500.
3. A and B.
4. Neither A nor B.