Question: Tibane Tires wrote a contract for a $ 1 0 0 , 0 0 0 sale of tires to the new Gerden Destrict Tour Company.

Tibane Tires wrote a contract for a $

100, 000

sale of tires to the new Gerden Destrict Tour Company. Tulane only anticlpetes of greater than

50

percent chance that Gerden wall be able to pay the amounts that Tulane is entitled to recelve under the cort delvery of the Bires, assuming no payment has yet been made by Garden, how much revenue should Tulane recognire und GMAP?

Tibane Tires wrote a contract for a $ 1 0 0 , 0 0

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