In 20X1, Ginzel Corporation agreed to provide a client with 20 detailed marketing analyses of its client’s key products for a total fee of $110,000. The fee was computed as $5,000 per report × 20 reports = $100,000, plus $10,000 to extract the necessary data from the client’s system and convert it into the format Ginzel needs to do the analysis. It cost Ginzel $4,000 to complete the data extraction and conversion. As of December 31, 20X1, Ginzel has completed the conversion of the data and has completed and delivered 7 of the 20 marketing reports to the client. 1. How much revenue should Ginzel recognize in 20X1? 2. How should Ginzel account for the $4,000 in costs it incurred to extract and convert the client’s data?

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step-by-step explanation:

the camry sales+accord sale=828,000. to make it so the two numbers are 18 thousand apart and still equal 828,000, you first need to find out what half of 828,000 is. 828,000/2=414,000. for the two numbers to equal 828,000, you have to add the same amount as you subtract from the middle. in this case, the number is 9,000 because it's half of 18,000. to equal 828,000, you have to add 9,000 to 414,000 for the camry and subtract 9,000 from 414,000 for the accord. 414,000+9,000=423,000.

414,000-9,000=405,000.

423,000+405,000=828,000.

423,000-405,000=18,

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