Part V. Note that Part IV should be completed before Part V. Background On January 15, KH sold a mber it purchased from MU for $80 cash and delivered it to a customer. As part of this purchase, KH issued a coupon to the customer for Bit off the $25 selling price for MIL's new titanium replacement mixer blades. It is valid for 20 days. KH has not previously sold replacement mixer blades. KH's management has considered the likelihood of use and the value of the coupon and cadmaxed a standalone selling price for these coupons at $1. Requirements Record all accounting entries for KH for January 15 for this transaction based on the current mcvenuc recognition guidance in ASC 605. Include references to the quidance to support your proposed accounting. Show any calculations you make to support your journal entries. Prepare a detailed explanation of each of the five steps of revenue recognition. Accord all accounting entries for this transaction for KH for January 15 based on the new guidance on revenue recogn don in ASC 606. Include references to the guidance to support your proposed accounting. Show any calculadons you make to support your journal entries. What, If anything, is the difference in revenue recognized for this transacion under ASC 605 and ASC COST