Feithful representation 1-b. Carleton Builders Ltd. purchased a machine that had a list price of $85,000. The company paid for the machine in full by issuing 10,000 common shares (market price =$8.20 ) . Revenue recognition principle and faithful representation Historical cost principle and revenue recognition Cost principle Falthful representation x 1-c. Carleton needed a small structure for temporary storage. A contractor quoted a price of $779,000. The company decided to build the structure itself. The cost was $547,000, and construction required three months. Revenue recognition principle and faithful representation x Historical cost principle and revenue recognition Cost principle uopsanb oq umay Feithful representation 1-b. Carleton Builders Ltd. purchased a machine that had a list price of $85,000. The company paid for the machine in full by issuing 10,000 common shares (market price =$8.20 ) . Revenue recognition principle and faithful representation Historical cost principle and revenue recognition Cost principle Falthful representation x 1-c. Carleton needed a small structure for temporary storage. A contractor quoted a price of $779,000. The company decided to build the structure itself. The cost was $547,000, and construction required three months. Revenue recognition principle and faithful representation x Historical cost principle and revenue recognition Cost principle uopsanb oq umay