Sheffield Inc. sells art supplies to students and enters into a contract to sell $180$ art easels to a local college for a total of $$18000$ over the next ten months, or the regular academic year. Fifteen easels are delivered monthly. At month five of the existing contract the college also orders $100$ pastel boxes at $$33$ each to be delivered immediately. Which of the following statements regarding the contract with the college is correct?

$$ The first contract is now worth $$21300$ in total.

$$ By the end of month five Sheffield will recognize $$21300$ in

revenues.

These are two separate contracts worth $$18000$ and $$3300$

respectively.

$5$ SUPPORT

$$ Sheffield will not recognize any revenues until the ene onoman

$10.$