Question 6 Needs Grading On December 15, 2013, Noor Sales Co. sold a tract of land that cost $3,600,000 for $4,500,000. Terms called for a down payment of $900,000 with the balance in four equal annual installments payable. Due to the significant uncertainty in collectibility, Noor appropriately uses the IFRS method for significant uncertainty to account for this transaction. Ignore interest charges. Noor has a December 31 year-end. If there had been no significant uncertainty in collectibility, what would Noor record the sales date and received cash down payment on December 15,2013