Presented below are three revenue recognition situations. a. Blossom sells goods to LTN for $901,000, payment due at delivery. b. Blossom sells goods on account to Oriole for $879,000, payment due in 30 days. C. Blossom sells goods to Cullumber for $480,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 months later. The present value of the future payments is $443,000. Indicate the transaction price for each of these situations and when revenue will be recognized. Transaction price Revenue will be recognized (a) (b) (c)