Using the US accounting Codification, answer the prompt below

Case 4 We Clean Corp.

We Clean Corp. finds cleaning crews for office buildings. We Clean Corp. contracts with a building owner for $100,000 a month for cleaning services. In the contract, We Clean Corp. is responsible for all cleaning services related to the building. We Clean Corp. then subcontracts with local cleaning crews to provide the cleaning services. Those cleaning crews charge We Clean Corp. $90,000 for their services.

Questions:

Is We Clean Corp acting as a principal or an agent? Please carefully consider both views the principal?

How much revenue should We Clean Corp. recognize from the contract with the building owner?

How would your answers above change if the building owner signed the subcontracts with the local cleaning crews, and if there was a problem with the quality of services, the local cleaning crews would be responsible for fixing it?