Clipclop company sells horseshoes to customers at a discount of 4% if the customer orders more than 10,000 horseshoes in a year. the price per shoe is $2. in april, oats company orders 4,000 horseshoes from clipclop. based on past experience with oats company, clipclop expects oats to meet the volume threshold of 10,000 horseshoes by the end of the year. what amount of revenue should clipclop record in connection with the april sale?

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i.e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000