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Blue Spruce Company sells goods that cost $246,000 to Ricard Company for $336,200 on January...

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Blue Spruce Company sells goods that cost $246,000 to Ricard Company for $336,200 on January 2,2025 . The sales price includes an installation fee, which has a stand-alone selling price of $32,800. The standalone selling price of the goods is $303,400. The installation is considered a separate vitur mance obligation and is expected to take 6 months to complete linstallation was compieted on June 18, 2025). (a) Your answer is correct. How much revenue does Blue Spruce record on January 2, 2025? Revenue eTextbook and Media Attempts: unlimited (b) How much income should Blue Spruce report related to its sale to Ricard in its income statement prepared for the quarter ended March 31, 2025

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