Tanguy Ltd. entered into a contract to sell computer workstation desks to Chirico Inc. The total contract price is $50,000, and includes installation services by Tanguy. The desks would normally sell $48,000 and Tanguy would normally charge $4,000 for the installation services. The contract requires Tanguy to deliver the furniture by October 15, 2019, and complete the installation by October 28, 2019. Chirico agrees to pay $40,000 upon delivery of the furniture and $10,000 upon completion of the installation. All terms of the contract were complied with by both companies. How much revenue should Tanguy Ltd. report on October 15, 2019? Select one: O a. $40,000 O b. $46,154 O c. $48,000 O d. $50,000