Question 6 of 12 -75 View Policies Current Attempt in Progress Sandhill Publishers sells textbooks to universities across Canada. On July 10, 2021, Sandhill entered into a contract with Hinton University to supply 840 accounting textbooks at a price of $108 per book to be paid on September 25, 2021. The books cost Sandhill $93 each. Sandhill's return policy states that any unsold books can be returned within 90 days of delivery. The books were delivered on August 25, 2021. Sandhill estimates returns at 10% of sales. Hinton returns 28 books on September 15, 2021, and 56 books on September 30, 2021. Determine the transaction price. Transaction price $ On what date should revenue be recognized? Revenue should be recognized on Type here to search c 5:34 PN 2/10/20