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Recognition of Sales On Dec. 14th Miller Motor Co. ordered a Corvette costing $75,000 from the factory. On Dec. 20th George gave MMC an $85,000

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Recognition of Sales On Dec. 14th Miller Motor Co. ordered a Corvette costing $75,000 from the factory. On Dec. 20th George gave MMC an $85,000 check to reserve and purchase the Corvette. On Dec. 28th the Corvette arrived at MMC. On Jan. 3rd MMC delivered the Corvette to the customer. On Jan. 5th MMC paid the factory $75,000 On what date should MMC recognize the $75.000 expense related to the Corvette? Dec. 28 th Dec. 20th Jan. 5th Dec. 14 th Jan, 3rd

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