On June $1_{st},$ Lucy & Bros received an order for $500$ cupcakes. Lucy delivered the cupcakes to the client on June $25$ th$.$ A $$50$ deposit was received on June $5$ th and the remaining $$450$ was paid on June $30$ th$.$ L

ucy likely would recognize revenue on:

A$)$ June $1$ st

B$)$ June $5$ th

C$)$ June $25$ th

D$)$ June $30$ th

Revenue likely is recognized over time for all the following arrangements except for

A$)$ Bank earning interest on a long$-$term loan.

B$)$ Construction of a building.

C$)$ Providing a two$-$year gym membership.

D$)$ Manufacturing generally stocked items ordered by a favored customer.