Eugene CoHas Inventory It Purchased for $6,000

question 198

Multiple Choice

Eugene Co.has inventory it purchased for $6,000.It sells the inventory to a customer for $10,000,including installation.Installation sold separately costs $1,000 and the inventory sold separately costs $10,000.What amount of Sales Revenue is recognized by Eugene when delivery of the inventory has been made to the customer,but the installation has not been completed?

• A)$10,000
• B)$9,091
• C)$9,000
• D)$909

---

Definitions:

Telepathy

The alleged transmission of ideas or thoughts through channels beyond the traditional senses.

Precognition

The purported capability of foreseeing future events or having knowledge about them before they take place.

Psychokinesis

The purported psychic ability allowing a person to influence a physical system without physical interaction.

Telepathy

The claimed conveyance of data between two individuals without the employment of recognized human sensory pathways or tangible contact.