Computing Revenue to be Recognized Under Different Scenarios Answer the requirements for each of the following separate cases. revenue that Organir Fonde Ine would rerord on March 1 and March 5. that Eagle would record in May for the sale of apparel, and the amount of revenue deferred for the customer options (coupon promotion). Carry all decimals in calculations; round the final answer to the nearest dollar. to record during the vear assuming that the cost-to-cost method is used. $2.400.000. Actual costs incurred through December 31 of the first year are $1,000,000. Determine the amount of revenue to record for the first year. transferred to the franchisee on March 1. Determine the amount of revenue to recognize for Italian Fine Dining Inc. (the franchisor) on January 1, March 1, and December 31