Presented below are three revenue recognition situations:

a. Seahawks sells goods to Lions for $ 18,000 payment due at delivery.

b. Seahawks sells goods to Chargers for $ 75,000 due in 24 months and the collection is not reasonably assured.Seahawks uses a discount rate 12% per annum.

c. Seahawks sells goods on account to Rams for $ 54,000 payment due in 30 days.

Provide the transaction amounts for each of the above transactions and state when revenue will be recognized.Indicate the necessary recognition conditions, if any.