Seller Company sells 400 products for $400 each. The cost of each product is $300, Seller Company's customary business practice is to allow a customer to return any unused product within 30 days and receive a full refund. To determine the transaction price, Seller Company decides that the approach that is most predictive of the amount of consideration to which the entity will be entitled is the 'most likely amount'. Using the 'most likely amount', the entity estimates that 12 products will be returned. The entity's experience is predictive of the amount of consideration to which the entity will be entitled. Given the above facts, how much revenue should Seller Company recognise? Your response: O A. $160,000 O B. $120,000 O C. No revenue shall be recognised until such time that the actual amount of returns is determined. O D. $155,200