The City of Khatt recently received a $500,000 grant from the federal government to operate a daycare center for 2 years. This grant was to be the only source of funding for the daycare center. Feeling pressure to maximize revenues, the citys accountant credited a revenue account for the entire $500,000 when the check arrived. He explained to you that because the entire amount was in the citys possession, it was measurable and available and, therefore, should be treated as revenue. Do you agree? Why?