Test 3 Problems For the following independent cases, in the space provided, calculate the amount of revenge that should be recorded in 2019 under the revenue recognition principle (point of sale) 1. Company Arents office space to tenants On October 1, 2019 they collected $18,000 from a tenant which represents 12 month's rent paid in advance. 2 Company B sells heavy equipment. On December 1, 2019 a customer paida $10,000 deposit towards the purchase of a $50,000 piece of equipment. The equipment was delivered on January 16, 2020 and the balance was paid that date po 142.1305 astern Time bar med by a dal. The 3. On December 29, 2019 Company ships $15.000 worth of goods to a customer, FO. B. destination. The goods arrive on January 3, 2020 the customer's office. The customer pays for the goods on February 1, 2020