Sandhill Corp. designs and builds custom harvesting equipment for logging companies across Canada. The company, which is publicly

traded, has a May $31$ year end. On February $18,2024,$ Sandhill signed a contract with Tamarisk Harvesting Ltd$.$ to design and build $25$

custom harvesters that can harvest wood at the steep grades found along many of the Pacific Coast timber stands included in

Tamarisk's harvesting leases. The following events took place in $2024$ in relation to the contract:

February $18$: Officials from Sandhill and Tamarisk sign the contract. The contract was for $$4\mathrm{.}8$ million. Sandhill is to design,

manufacture, and deliver the $25$ machines to Tamarisk's operations centre in Duncan, British Columbia. Sandhill's

management estimates that the design component of the contract would be valued at $$584,000$ if contracted for separately,

while the machine construction component of the contract would be valued at $$4\mathrm{.}7$ million if the machines were purchased

separately. Sandhill agrees to provide a three$-$year assurance$-$type warranty for the machines, and the company's

management estimates that the warranty claims would total $$256,000$ based on past experience. Tamarisk agrees to pay a

$$1,300,000$ deposit within $10$ days of signing the contract and to pay the balance within $15$ days of the equipment being

delivered.

February $25$: Tamarisk pays the deposit specified in the contract.

March $28$: Sandhill's engineering staff complete the equipment design and it is approved by officials from Tamarisk.

May $18$: Sandhill completes construction of the $25$ harvesters.

May $20$: The $25$ harvesters are loaded onto Sandhill's trucks and are delivered to Tamarisk's operation centre in Duncan later

that day.

June $2$: Tamarisk pays the balance owing on the contract.

$($a$1)$

Determine when and how much revenue Sandhill would be able to recognize for the year ended May $31,2024.($Round allocation

percentage to $2$ decimal places, e$.$g$.15\mathrm{.}25\%$ and final answers to $0$ decimal places, e$.$g$.125.)$

Revenue recognized on