Using the number of the appropriate item in the list above, identify the principle, assumption, or constraint that provides the rationale for each situation below. Do not use any item more than once. 1. Revenue recognition principle 2. Going concern assumption 3. Full disclosure principle 4. Materiality 5. Cost principle 6. Time period assumption 7. Matching principle 8. Economic entity assumption 1. Davis Company recorded service revenue of $1,000 in 2020, even though the cash for those services was not collected until 2021. 2. Capstone Inc. prepares financial statements for its investors every quarter, and produces an annual report each year. 3. Hill Corporation reports land at $30,000, the amount paid when the land was acquired in 1999, rather than at the market value of $90,000. 4. Paperland Co. prepares entries to record the expiration of insurance at the end of each year. 5. Brenda Boyd owns Boyd's Errand Service. She does not include any of her personal expenses in the company's record