Topic: Identifying Steps in the Revenue Recognition Process A customer is interested in buying a pair of tennis shoes from Megashop's, an online retailer, on June 1, 2020, for $112. The customer took advantage of a special offer, allowing for a purchase of a second pair of shoes at half price. The customer purchased and paid for both pairs of shoes with a credit card for a total of $168. Shipping was paid by Megashop's (FOB destination) and the shoes were expected to arrive at the customer's home on June 4, 2020. The standalone selling price of each pair of shoes was $112. What is the transaction price of the contract