Question 2 Kathmandu Holdings Limited (KHL) designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, Ozmosis, and Oboz brands. To complete the question, you need the information from the 2021 annual results for the consolidated Kathmandu Holdings Limited. The 2021 annual results for the Kathmandu Holdings Limited can be accessed from their website. Go to https://kathmandu001.cdn.prismic.io/kathmandu001/c39cc98f- 0b33-4e83-9979-55739d86355b_KHL-Annual-Report-2021_digital.pdf and download it. The consolidated financial statements and notes to the consolidated financial statements are on pages 25 71. Required: (a) Explain in your own words, when does KHL recognise Retail, Online, and Wholesales sales revenue, respectively, and receive the payment for the sales? (Hint: refer to the note relating to sales on the Consolidated Statement of Comprehensive Income for more information). (6 marks, maximum 150 words)