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to Boeing for $1,000. Boeing On January 1, YROI, General Electric entered into a contract to manufacture and sell a jet engine paid the full

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to Boeing for $1,000. Boeing On January 1, YROI, General Electric entered into a contract to manufacture and sell a jet engine paid the full sales price (S1,000) at the date the contract was signed, with delivery of the engine to be made 24 months later cn December 31, YR02. Assume an interest rate of 10% is appropriate for this transaction, and that delivery of the engine occurred as expected 6. What amounts should General Electric record in income related to this transaction in YRO1 (round answers to the nearest dollar)? st Revenue Interest Expense Sales Revenue SO S0 $1,000 $100 S0 SO $0 S0 $100 $100 SO a. b. d. e. None of the above

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