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Question 15 2 pts The Downton (Florida) Racers were a semi-professional carriage racing team that competed up un the early 1930's. Mary Crawley owns the

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Question 15 2 pts The Downton (Florida) Racers were a semi-professional carriage racing team that competed up un the early 1930's. Mary Crawley owns the Downton Racers' trademark, and recently licensed it to the Downton (California) Racers roller derby team. The license allows the roller derby team to use the trademark for five years for a total of $15,000. Under IFRS, how much revenue would Mary recognize in year 1 of the license? $15,000 SO $3,000 $1,500

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