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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

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