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Question 3 6 pts Assume that the accrual basis of accounting is used, and revenue is recognized at the time goods are sold or services

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Question 3 6 pts Assume that the accrual basis of accounting is used, and revenue is recognized at the time goods are sold or services rendered. Indicate in the space provided the dollar amount of revenue recognized in the month of January. (Each case is independent of the others). Round your answers to the nearest dollar. Do not use decimal points. $ 270000 In January, a company sold its product for a sales price totaling $400,000 of which $270,000 was collected in January, $100,000 collected in February, and the remainder in March. $ 1500000 The Laker Gators, a pro football team, receives $1,500,000 in January for their portion of the gate receipts for the playoffs held in the previous December. $2000000 DJP, Inc., an owner of office buildings, collected $2,000,000 in January for office rental fees. Each of their tenants pays four months rental three times a year

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