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Steve Russell started a snow removal business he called Total Care Services. Over the fall months, Total Care pre-sold snow removal services to be performed
Steve Russell started a snow removal business he called Total Care Services. Over the fall months, Total Care pre-sold snow removal services to be performed from November through April of the following fiscal year, inclusive. If payment is made in full by November 1, a 10% discount is allowed. In October, 300 customers took advantage of the discount and purchased the winter snow removal service package priced at $575 each, before the discount. Due to the heavy snowfall, another 360 customers purchased the package for $ 675 each in December, and in January, another 190 purchased it for the reduced price of $ 620 each. Calculate the amounts for each of the three groups of payments and insert in the following table for each month the amount of revenue to be recognized by Total Care, as well as totals. Assume that the amount of revenue is allocated evenly over the months of service. (Do not leave any answer field blank. Enter 0 for amounts.) October November December January $ $ $ $ $ $ $ $ $ $ Steve Russell started a snow removal business he called Total Care Services. Over the fall months, Total Care pre-sold snow removal services to be performed from November through April of the following fiscal year, inclusive. If payment is made in full by November 1, a 10% discount is allowed. In October, 300 customers took advantage of the discount and purchased the winter snow removal service package priced at $ 575 each, before the discount. Due to the heavy snowfall, another 360 customers purchased the package for $675 each in December, and in January, another 190 purchased it for the reduced price of $ 620 each. Calculate the amounts for each of the three groups of payments and insert in the following table for each month the amount of revenue to be recognized by Total Care, as well as totals. Assume that the amount of revenue is allocated evenly over the months of service. (Do not leave any answer field blank. Enter o for amounts.) February March April Total $ $ $ $ $ $ $
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